Psychological barriers

Psychological Barriers in Gold Prices?

This paper examines for the first time the existence of psychological barriers in a variety of daily and intra-day gold price series. This paper uses a number of statistical procedures and presents evidence of psychological barriers in gold prices. We document that prices in round numbers act as barriers with important effects on the conditional mean and variance of the gold price series around...

Overcoming psychological barriers to good discovery decisions.

Better individual and team decision-making should enhance R&D performance. Reproducible biases affecting human decision-making, known as cognitive biases, are well understood by psychologists. These threaten objectivity and balance and so are credible causes for continuing unpleasant surprises in Development and high operating costs. For four of the most common and insidious cognitive biases, w...

Overcoming Psychological Barriers in Insulin Therapy

Background: Research shows that tight glycemic control is a major factor in forestalling the microvascular and macrovascular complications that accompany diabetes mellitus (DM). Recent evidence shows that earlier use of insulin therapy is beneficial for people who are at higher risk for these complications because it provides more effective glycemic control. Yet, some patients either do not adh...

Psychological barriers in oil futures markets

a r t i c l e i n f o Available online xxxx JEL classification: G15 O13 Q43 Keywords: Psychological barriers Clustering WTI Brent Multiple hypothesis testing WTI and Brent futures are tested for the presence of psychological barriers around $10 price levels, applying a multiple hypothesis testing approach for statistical robustness. Psychological barriers are found to be present in Brent prices...

Improving Adherence Requires Addressing Psychological Barriers