Investment fears: How does the need for closure increase risk?

Logic would dictate that consumers receiving new market information would jump at the chance to adjust their investments accordingly. In practice, however, many people associate change with loss of control. They crave the idea of permanence or closure to such an extent that they would rather freeze decisions in place even if, ironically, this puts […]

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Glass houses: Your personality helps predict your real estate choices

Tel Aviv University research finds personality traits affect home-buying decisions on both micro and macro levels Do you consider yourself a conscientious person? Then sign up for a fixed-rate mortgage. Neurotic? You’ll probably opt for home ownership over renting. According to a new study published in the Journal of Behavioral and Experimental Economics, personality traits […]

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