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Behavioral Science
“
Groups have powerful self-reinforcing mechanisms at work. These can lead to group polarization—a tendency for members of the group to end up in a more extreme position than they started in because they have heard the views repeated frequently.
At the extreme limit of group behavior is groupthink. This occurs when a group makes faulty decisions because group pressures lead to a deterioration of “mental efficiency, reality testing, and moral judgment.” The original work was conducted with referenc
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― The Little Book of Behavioral Investing: How not to be your own worst enemy
― The Little Book of Behavioral Investing: How not to be your own worst enemy
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The more people act different, the more they act the same
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― Good Scientist: When Science and Service Combine
― Good Scientist: When Science and Service Combine
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