![]() ![]() But traders are human and humans are affected by emotions. The famous “efficient markets hypothesis” argues that stock prices are driven by rational calculations. The same can be asked of financial markets. ![]() When we splurge on nice food, clothes or electronic gadgets, are we really thinking in terms of cost and benefit, or are we responding to stress, frustration, happiness or excitement? We like to think our purchase decisions are based on rational calculations and facts, but we know they are often driven by emotions, too. Read the original article, which was published August 25, 2021. This article is republished from The Conversation under a Creative Commons license. SpaceNext50 Britannica presents SpaceNext50, From the race to the Moon to space stewardship, we explore a wide range of subjects that feed our curiosity about space!Įncyclopædia Britannica, Inc./Patrick O'Neill Riley.Learn about the major environmental problems facing our planet and what can be done about them! Saving Earth Britannica Presents Earth’s To-Do List for the 21st Century.Britannica Beyond We’ve created a new place where questions are at the center of learning.100 Women Britannica celebrates the centennial of the Nineteenth Amendment, highlighting suffragists and history-making politicians.COVID-19 Portal While this global health crisis continues to evolve, it can be useful to look to past pandemics to better understand how to respond today.Student Portal Britannica is the ultimate student resource for key school subjects like history, government, literature, and more.Demystified Videos In Demystified, Britannica has all the answers to your burning questions.This Time in History In these videos, find out what happened this month (or any month!) in history.#WTFact Videos In #WTFact Britannica shares some of the most bizarre facts we can find.Britannica Classics Check out these retro videos from Encyclopedia Britannica’s archives.Britannica Explains In these videos, Britannica explains a variety of topics and answers frequently asked questions. ![]()
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