You have put in the hours, studied tirelessly for weeks, and, with a good night’s sleep, are feeling pumped for this one final exam. But as you stare into the questions before you, flicking through the pages, your mind solely draws blank after blank, and next your heart begins to pound out of your chest as panic overwhelms you. The clock mercilessly ticks on, echoing … Continue reading Performance Anxiety
Whether we recognize it or not, almost all of us experience loss aversion daily. This cognitive bias, where the fear of loss outweighs the pleasure of equivalent gain, significantly influences our decision-making. From stockpiling on ‘Get out of Jail Free’ cards in Monopoly to packing free toiletries from hotels, loss aversion subtly but powerfully impacts our behaviour. Pioneered by Daniel Kahneman and Amos Tversky, this … Continue reading Loss Aversion
