Do volatile stocks make people trade like gamblers? A new experiment says yes
A controlled experiment with 604 gamblers found that more volatile stock prices led to significantly more trading, with the effect...
Read moreDetailsEric is the founder, publisher, and editor of PsyPost, a science news publication dedicated to accurate, evidence-based reporting on psychology and neuroscience. He founded PsyPost with a simple conviction: that the public deserves science reporting held to the same standard of rigor as the research it covers. Over more than 15 years in science journalism, he has interviewed leading researchers, distilled peer-reviewed findings, and built a publication known for its accuracy and fidelity to the evidence. His reporting has been cited by major media outlets. He holds a Bachelor of Science in Psychology from Bradley University. Through Science of Money, he applies that same approach to the broader research on how people earn, spend, save, invest, and live with money — at work, at home, and across society.
A controlled experiment with 604 gamblers found that more volatile stock prices led to significantly more trading, with the effect...
Read moreDetailsLottery-like stocks usually disappoint investors. But a new study finds that pairing them with a momentum strategy flips the script,...
Read moreDetailsA three-day trading simulation with eight students reveals how cognitive biases shift hour by hour when markets turn sour, with...
Read moreDetailsA new experiment pitting human financial advisors against ChatGPT found that AI and hybrid advice led to better projected portfolio...
Read moreDetailsA new analysis of New York's 2009 bottle deposit law finds retailers raised prices on covered bottles by 4% while...
Read moreDetailsA new study finds that personality traits like extraversion, openness, and agreeableness shape investment outcomes — and that financial literacy...
Read moreDetailsA study of 470 pump-and-dump schemes and 110,000 investor accounts reveals who buys into stock scams, how much they lose,...
Read moreDetailsNew research finds that mismatched perfectionism between employees and supervisors increases role ambiguity, which is linked to lower job satisfaction,...
Read moreDetailsNew research finds that social pressure alone doesn't push young investors toward responsible investing. Financial literacy is the missing ingredient...
Read moreDetailsNew research finds that accountants' personalities, particularly openness and curiosity, predict whether they quietly reshape their jobs toward advisory work,...
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