Varun Dutt

Varun Dutt
The writer is on the faculty of Indian Institute of Technology, Mandi, India and knowledge editor of Financial Chronicle
My Stories
  • Aug 22 2014, 2206

    The overconfidence effect is a bias in which someone’s subjective confidence in their judgments is reliably greater than their objective accuracy. For example, in some quizzes, people rate their

  • Aug 21 2014, 2030

    Climate change is already happening; however, surveys conducted in 2008 and 2009 found significant declines in people’s climate change beliefs, risk perceptions, and trust in scientists. According to Anthony

  • Aug 08 2014, 1851

    Most people tend to base estimates and decisions on known “anchors” or familiar positions, with an adjustment relative to this start point. As it is suggested, we are better

  • Aug 07 2014, 2134

    Last year, the United Nation’s State of the World Cities Report 2012-13 ranked Delhi, the Indian capital, at 58 and Mumbai, the commercial capital, at 52 out of 95 cities

  • Aug 01 2014, 2152

    In economics, the endowment effect (also known as divestiture aversion) is the idea that people ascribe more value to things merely because they own them. This effect is illustrated

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