Question
Episode 1:About as many boys as girls are born in hospitals. Many babies are born every week at City General. In Cornwall, a country town,
Episode 1:About as many boys as girls are born in hospitals.Manybabies are born every week at City General. In Cornwall, a country town, there is a small hospital where onlya fewbabies are born every week. Anormalweek is one where between 45% and 55% of the babies are female. Anunusualweek is one where more than 55% are girls, or more than 55% are boys. Which of the following is true? [Answer this episode question]
- Unusual weeks occur equally often at City General and at Cornwall.
- Unusual weeks are more likely common at City General than at Cornwall.
- Unusual weeks are more likely common at Cornwall than at City General.
Episode 2:Those who are anchored at the low home prices at the time of housing market collapse, they are more reluctant to buy a home when prices went up as economy improves.
Episode 3:During a travel abroad, people try a local cuisine and blame themselves sometimes. To avoid it, many people order personally well-known menu although unknown local cuisine could give more pleasure.
Episode 4:Two economists, Shlomo Bernartzi and Richard Thaler, tested whether the "monitoring interval" affected the choice between stocks and bonds. The study finds that the group of investors that saw shorter-interval returns invested a much smaller fraction in stocks than the groups that saw returns aggregated into longer intervals.
- From the above Episodes, are there any common themes?
- From the above Episodes, do you have any similar experience in your life and investments?
- From the above Episodes, if you find any psychological issues in decision process, why do you think those issues occur?
- From the above Episodes, what are your take-aways?
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