When asset returns are unstable, investment performance directly depends on learning about their patterns optimally. Without optimal learning, strong investment performance is not possible. Yet, optimal learning is often considered too complex for investors to achieve. In order to test this...

Is there such a thing as addiction? -- Gambling in scientific focus -- Picoeconomics, impulsive consumption, and disordered gambling -- Behavioral and psychological investigations of disordered gambling -- The neuroeconomics of addiction -- Addictive gambling as the basic form of addiction --...