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#education #explained #behavioral Most of decisions we make every day can be biased due to the complex interplay between economics, emotions and psychology. Watch my explainer video to discover the psychological effects that shape our financial decisions, from the framing effect to the nudge theory. Follow these concepts through engaging paint illustrations and relatable scenarios, making complex ideas simple and entertaining. Which of them did you point out in your life? Subscribe if you liked the video ❤️ Other financial explainer videos in my playlist: • Finance explainer ===TIMESTAMPS=== 00:00 Loss Aversion 00:16 Anchoring Effect 00:29 Mental Accounting 00:41 Endowment Effect 00:54 Herding Behavior 01:04 Hyperbolic Discounting 01:17 Status Quo Bias 01:32 Confirmation Bias 01:49 Prospect Theory 02:06 Sunk Cost Fallacy 02:21 Framing Effect 02:38 Choice Architecture 02:56 Availability Heuristic 03:12 Hindsight Bias 03:25 Overconfidence Bias 03:37 Time Inconsistency 03:55 Default Effect 04:09 Altruism 04:25 Ego Depletion 04:44 Nudge Theory 05:03 Bandwagon Effect 05:19 Decoy Effect 05:36 Dunning-Kruger Effect 05:51 Empathy Gap 06:05 Pain of Paying 06:17 Paradox of Choice 06:33 Peak-End Rule 06:50 Priming Effect 07:05 Relativity Trap 07:20 Zero-Risk Bias 07:32 Regret Aversion 07:53 Information Cascade 08:13 Ostrich Effect 08:30 Disposition Effect 08:45 Satisficing 09:03 Bounded Rationality 09:20 Base Rate Fallacy 09:34 Commitment and Consistency Bias 09:47 IKEA Effect 10:01 Outcome Bias Inspired by the paint explainer