Archive for November, 2006

Cognitive Dissonance, Doublethink, Groupthink, and the Market

Monday, November 27th, 2006

What is cognitive dissonance? Wikipedia.org writes the following   “Cognitive dissonance” is the perception of incompatibility between two cognitions, which can be defined as any element of knowledge, including attitude, emotion, belief, or behavior; in laymen’s terms, it is the uncomfortable tension that comes from holding two conflicting thoughts at the same time. The theory […]