One of the most common findings in behavioral decision research is that people often have unrealistic beliefs about how much they know, but only recently have researchers begun to examine the consequences of these unrealistic beliefs. Unfortunately, examination of this issue is complicated by...

Our previous research suggests that people reporting a stronger desire to maximize obtain worse life outcomes (Bruine de Bruin et al., 2007). Here, we examine whether this finding may be explained by the decision-making styles of self-reported maximizers. Expanding on Schwartz et al.\ (2002), we...

Current economic conditions have raised serious concerns about Americans' financial security, especially for those who lack the skills and resources to withstand financial market downswings and take advantage of upswings. However, significant debate continues about the role of financial...