Prospect Theory
Prospect Theory describes how we compare options and make choices. Our biases, influence the outcomes, especially when we faced losses
Prospect Theory describes how we compare options and make choices. Our biases, influence the outcomes, especially when we faced losses
The decoy effect refers to the phenomenon where people tend to change their original preference between two choices when they are presented with an asymmetric third choice
The horn effect, closely related to the halo effect, is a form of cognitive bias that causes one's perception of another to be unduly influenced by a single negative trait
The halo effect is a type of cognitive bias in which our overall impression of a person influences how we feel and think about their specific attributes
Four brain chemicals, endorphins, dopamine, serotonin and oxytocin, shape workplace behavior and loyalty.
Research shows emotions spread contagiously at work, shaped heavily by leaders and workplace culture.