Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Concept Videos

Cognitive Dissonance01:38

Cognitive Dissonance

38.0K
Social psychologists have documented that feeling good about ourselves and maintaining positive self-esteem is a powerful motivator of human behavior (Tavris & Aronson, 2008). In the United States, members of the predominant culture typically think very highly of themselves and view themselves as good people who are above average on many desirable traits (Ehrlinger, Gilovich, & Ross, 2005). Often, our behavior, attitudes, and beliefs are affected when we experience a threat to our...
38.0K
Equity Theory01:26

Equity Theory

380
Equity theory explains how our sense of fairness influences the dynamics of close relationships. Rooted in social psychology, the theory posits that individuals evaluate fairness by comparing the ratio of their contributions to the rewards they receive. Relationship satisfaction is highest when these ratios are perceived as balanced between partners, promoting mutual reciprocity and a sense of justice.Equity vs. Equality in RelationshipsEquity is distinct from equality. Fairness does not...
380
Social Psychology and Individual Behavior01:29

Social Psychology and Individual Behavior

452
Social psychology examines how group dynamics, emotions, and cultural influences shape individual actions and decision-making. These elements interact to form behavioral patterns that affect personal choices and social interactions.The Role of Group DynamicsGroups play a crucial role in shaping behavior by reinforcing norms and expectations. Individuals derive a sense of self from group membership, often aligning their behaviors with group norms to maintain social cohesion. For example, an...
452
The Anchoring-and-Adjustment Heuristic01:25

The Anchoring-and-Adjustment Heuristic

7.9K
In order to make good decisions, we use our knowledge and our reasoning. Often, this knowledge and reasoning is sound and solid. However, sometimes, we are swayed by biases or by others manipulating a situation. For example, let’s say you and three friends wanted to rent a house and had a combined target budget of $1,600. The realtor shows you only very run-down houses for $1,600 and then shows you a very nice house for $2,000. Might you ask each person to pay more in rent to get the...
7.9K
Nonconscious Mimicry01:13

Nonconscious Mimicry

5.2K
Nonconscious mimicry occurs when individuals alter their mannerisms to match the behaviors and expressions of those nearby, without intention.
5.2K
Instinctive Drift01:05

Instinctive Drift

1.3K
Instinctive drift refers to the tendency of animals to revert to their innate behaviors despite repeated reinforcement. Breland and Breland demonstrated this concept in an experiment with a raccoon. The raccoon was trained to pick up two coins and place them in a container in exchange for food. Initially, the raccoon learned to associate the coins with food, making them a conditioned stimulus or a substitute for food. However, over time, the raccoon became less willing to put the coins into the...
1.3K

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Leukaemic stem cell burden enhances prognostic precision in the non-adverse European LeukemiaNet risk group of acute myeloid leukaemia.

British journal of haematology·2026
Same author

Reply to Takahashi.

Endoscopy·2026
Same author

α-Klotho as a central integrative signalling hub in cognitive function and neuroprotection in neurodegenerative diseases.

Metabolic brain disease·2026
Same author

Comparison of quality of life and sexual function after ileal vs. sigmoid orthotopic neobladder reconstruction following nerves, vas deferens, and seminal vesicle-sparing radical cystectomy: A prospective randomized study.

Urologic oncology·2026
Same author

Genome sequence of multidrug-resistant <i>Salmonella enterica</i> serovar choleraesuis strain GS-198 isolated from retail chicken meat in Mathura, India.

3 Biotech·2026
Same author

Genome-based correction of misidentified MRSA: a case of multidrug-resistant <i>Staphylococcus hominis</i>.

3 Biotech·2026

Related Experiment Video

Updated: Apr 4, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
13:04

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Published on: September 19, 2012

12.5K

Money Walks: Implicit Mobility Behavior and Financial Well-Being.

Vivek Kumar Singh1, Burcin Bozkaya2, Alex Pentland3

  • 1Media Lab, Massachusetts Institute of Technology, 20 Amherst St, Cambridge, Massachusetts, United States of America; School of Communication and Information, Rutgers University, New Brunswick, New Jersey, United States of America.

Plos One
|August 29, 2015
PubMed
Summary

Financial decision-making models can be significantly improved by analyzing individual spatio-temporal mobility and consumption habits. Incorporating these behavioral traits enhances prediction accuracy for financial difficulties by up to 49%.

More Related Videos

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
11:51

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

15.8K
The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
08:24

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

1.3K

Related Experiment Videos

Last Updated: Apr 4, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
13:04

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Published on: September 19, 2012

12.5K
Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
11:51

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

15.8K
The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
08:24

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

1.3K

Area of Science:

  • Behavioral Economics
  • Data Science
  • Financial Technology (FinTech)

Background:

  • Traditional credit scoring relies on static demographic data, ignoring dynamic individual behaviors.
  • Geo-aware and mobile payment systems generate vast "big data" on consumption patterns.
  • Animal behavior studies reveal links between spatio-temporal foraging and life outcomes.

Purpose of the Study:

  • To investigate the link between human spatio-temporal traits and financial outcomes.
  • To develop predictive models for financial difficulties using novel behavioral data.
  • To improve upon traditional demographic-based financial assessment models.

Main Methods:

  • Analysis of a large corpus of human economic transactions (hundreds of thousands).
  • Extraction and analysis of spatio-temporal traits such as exploration, engagement, and elasticity.
  • Development and comparison of predictive models incorporating spatio-temporal features versus demographic features.

Main Results:

  • Individual financial outcomes are strongly correlated with spatio-temporal traits.
  • Models using spatio-temporal features demonstrated a 30% to 49% improvement in predicting financial difficulties.
  • Spatio-temporal analysis offers a more nuanced understanding of financial risk than demographics alone.

Conclusions:

  • Spatio-temporal behavioral data provides a powerful new dimension for financial risk assessment.
  • Integrating mobility and consumption habits can significantly enhance the accuracy of financial decision systems.
  • Future financial systems should leverage big data analytics on individual behavior for better outcomes.