Availability Bias - Episode 6 | Season2

Nudging Financial Behaviour

Availability bias is all about how we are influenced by information that is readily available, and how we often don’t do enough research before making decisions. In episode 6 of The Nudging Financial Behaviour Podcast, we’re breaking down this bias and taking a look at just how big an impact it can have when we aren’t focusing on the bigger picture or doing the right research.

Our guest for the episode is professor Hersh Shefrin – a legend and pioneer in the field of behavioural finance. It’s an honour to have him on the podcast, and the stories he has to tell are fascinating! Of course, we had to also chat about his book: Beyond Greed and Fear.

Useful links:

More about Professor Hersh Shefrin:

• https://www.amazon.com/stores/author/B001HCZZLE/about
• https://www.scu.edu/business/finance/faculty/shefrin/

The Psychology of Human Misjudgement by Charlie Munger - https://www.youtube.com/watch?v=zNxsAhc6sk8

More on Rolf Dobelli:

• The Art of Thinking Clearly - https://www.amazon.com/Art-Thinking-Clearly-Rolf-Dobelli-ebook/dp/B00IZP6EVQ/
• TedTalk - https://www.youtube.com/watch?v=-miTTiaqFlI

Be sure to like this episode and hit the subscribe button to get notified when the next episode drops. 

You can also read more on my blog: https://www.nudgingfinancialbehaviour.com/availability-bias-fear-and-hope/

Or watch to the video version of this podcast episode: https://youtu.be/1Od5D1vqbas

Special thanks to everyone who has helped put this series together:    

• Our sponsor: IG Markets South Africa    
• Producer: Faeron Wheeler of F Creations    
• Original music and sound mix: Neil Leachman    
• Video and editing: Deetlefs Smith and Matthew Carew 
• Hair and makeup: Ida Webster    
• Set styling: Michelle Murray of Interiors Etc.  
• Voice over: Sizo Mphti