A Good Deal: The Theatrics of Mental Accounting

A Good Deal: The Theatrics of Mental Accounting

The Theatrics of a Good Deal: Psychological Pricing and Mental Accounting By Suhani Jain Basic. Standard. Premium. Glaring at my laptop screen, I browsed through Netflix’s pricing and plans as I attempted to carefully choose a plan that sat ‘just right’ for me…and my...
Bounded Rationality in Decision Making

Bounded Rationality in Decision Making

Bounded Rationality in Decision Making By Ananya Taneja Which career path should we pursue? When is the right time to sell our securities? Which flight should we take to reach our destination? Every day, we have to choose between the different options available to us,...
Psychology in Market

Psychology in Market

Psychology in Market By Aman Yadav It has been a belief that rational people make rational decisions. This belief system has generated an entire rational choice theory, which says that people employ logical calculations to make sensible decisions and obtain outcomes...
Mass Psychology and the Stock Market

Mass Psychology and the Stock Market

Mass Psychology and the Stock Market By Ryan Barua Stock markets are essentially based on how mass psychology works, it’s a constant battle between market optimists and market pessimists, and in between is the undecided trader who looks to be part of whichever side...
Psychology in Consulting

Psychology in Consulting

Psychology in Consulting By Ishika Vimal Usually when people hear the word ‘Consulting’, they think of complicated spreadsheets, decision making for business finance and coming up with corporate strategies to make a firm bigger and better. While these perceptions are...