The psychology of cryptocurrency trading: Risk and protective factors
Background and aims Crypto-currency trading is a rapidly growing form of behaviour
characterised by investing in highly volatile digital assets based largely on blockchain …
characterised by investing in highly volatile digital assets based largely on blockchain …
Modelling bounded rationality in organizations: Progress and prospects
Much of the formal modelling work in the organizational sciences relies on Herbert Simon's
conception of bounded rationality, and it stakes a claim to drawing on behaviorally plausible …
conception of bounded rationality, and it stakes a claim to drawing on behaviorally plausible …
Illusions of causality: How they bias our everyday thinking and how they could be reduced
Illusions of causality occur when people develop the belief that there is a causal connection
between two events that are actually unrelated. Such illusions have been proposed to …
between two events that are actually unrelated. Such illusions have been proposed to …
[HTML][HTML] Illusion of control
The illusion of control consists of overestimating the influence that our behavior exerts over
uncontrollable outcomes. Available evidence suggests that an important factor in …
uncontrollable outcomes. Available evidence suggests that an important factor in …
Protecting consumers from fraudulent health claims: A taxonomy of psychological drivers, interventions, barriers, and treatments
Objective Fraudulent health claims—false or misleading claims used to promote health
remedies that are untested, ineffective, and often harmful—cause extensive and persistent …
remedies that are untested, ineffective, and often harmful—cause extensive and persistent …
A large-scale study and six-month follow-up of an intervention to reduce causal illusions in high school students
Causal illusions consist of believing that there is a causal relationship between events that
are actually unrelated. This bias is associated with pseudoscience, stereotypes and other …
are actually unrelated. This bias is associated with pseudoscience, stereotypes and other …
Interactive effects of the probability of the cue and the probability of the outcome on the overestimation of null contingency
Overestimations of null contingencies between a cue, C, and an outcome, O, are widely
reported effects that can arise for multiple reasons. For instance, a high probability of the …
reported effects that can arise for multiple reasons. For instance, a high probability of the …
Thinking disposition, thinking style, and susceptibility to causal illusion predict fake news discriminability
J Saltor, I Barberia… - Applied Cognitive …, 2023 - Wiley Online Library
Acceptance of fake news is probably modulated by an intricate interplay of social, cultural,
and political factors. In this study, we investigated whether individual‐level cognitive factors …
and political factors. In this study, we investigated whether individual‐level cognitive factors …
Instruction on the scientific method provides (some) protection against illusions of causality
People tend to overestimate the efficacy of an ineffective treatment when they experience
the treatment and its supposed outcome co-occurring frequently. This is referred to as the …
the treatment and its supposed outcome co-occurring frequently. This is referred to as the …
Individuals who believe in the paranormal expose themselves to biased information and develop more causal illusions than nonbelievers in the laboratory
In the reasoning literature, paranormal beliefs have been proposed to be linked to two
related phenomena: a biased perception of causality and a biased information-sampling …
related phenomena: a biased perception of causality and a biased information-sampling …