Behavioral economics

2. Thinking you’re more skilled or capable than you really are.
4. You spend more when you don’t physically see the money leaving your hands.
6. Searching for information that supports what you already believe.
8. Relying too heavily on the first piece of information when making decisions.
10. Focusing more on negative experiences than positive ones.
13. Fear of being left out of something others are doing.
14. Believing or acting on suggestions from others, even without strong evidence.
15. Feeling drained after making too many choices, leading to worse decisions.

1. People value things they own more than identical things they don’t own.
3. Following what the crowd does without independent thought.
5. People do something because many others are doing it, even if it may not be right.
7. You dislike losing something more than you enjoy gaining the same thing.
9. Treating money differently depending on its source or intended use.
11. You keep investing in something bad just because you already put resources into it.
12. Believing you “knew it all along” after an event happens.