Events in the eurozone have quickly moved from threats to market shock. Wharton’s Mauro Guillen discusses what is likely to unfold. “There is no other way to describe the situation except as chaotic. This is almost like ‘The Twilight Zone.’”
If we were rational, we would make choices based on long-term goals, not short-term desires. But that’s not always the case. New research by Wharton’s Howard Kunreuther suggests ways to change our decision-making processes for the better.