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Cass Sunstein on Behavioral Finance and Wealth

Masters in Business

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Biases that Influence Our Beliefs

This chapter explores different biases that impact our beliefs, including truth bias, confirmation bias, and desirability bias. It discusses how these biases can lead us to believe falsehoods and create echo chambers. The chapter also touches on the overlap of desirability bias with optimism bias and its implications for decision-making.

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