Stock-market bubbles serve a valuable economic purpose, even though investors lose lots of money when they burst. In other words, what may be irrational behavior at the individual investor level may ...

"Irrational Together: The Social Forces That Invisibly Shape Our Economic Behavior" (University of Chicago Press) is a must-read at the intersection of behavioral economics and sociology that ...

Rational emotive behavior therapy (REBT) is a therapy approach that focuses on managing irrational or unhealthy thoughts, emotions, and behaviors. In contrast to more passive talk therapy ...

What is rational emotive behavior therapy? REBT was invented by psychologist Albert Ellis, PhD, in the 1950s.“The idea is that you’re trying to get somebody to walk away from an irrational ...