One of the major tools of artificial intelligence is the neural net, which models the way the neurons in our heads behave.

Default Bias gives us a way not to think, ... Another example is having a variable rate on your mortgage. You implicitly know that you can call up and negotiate the actual rate you’re paying, ...

When presented with pre-set courses of action or defaults, we tend to accept what is presented. Intuitively, we often ‘go with the flow’, acting without considering other options and accepting what ...

Overcoming this is difficult because it is easy and convenient to keep things as they are, but that may not be the best decision.

A behavioural science expert has lifted the lid on the weird “thinking shortcut” that is stopping you from getting a better deal. Consequently, we’re consciously cutting back on shopping ...