Psychological organizations provide opportunities for personal and professional development, and offer opportunities to serve the discipline and society at large. Since the late 1800s, psychologists around the world have been organizing themselves into psychological associations to promote clinical, research, ...
Loss aversion:Trying to avoid a loss more than on recognizing investment gains, so that desirable investment or finance opportunities are missed. These biases and the heuristics that helped create them affect investor behavior, market and trading psychology, cognitive errors, and emotional reasoning. ...