Nilton Rodríguez

Nilton Rodríguez is a psychologist and faculty member at Universidad Franz Tamayo (Unifranz) in Bolivia, specializing in behavioral economics. He emphasizes the influence of cognitive biases and emotional factors on financial decision-making, arguing that many of our daily choices are made on autopilot without deep reflection. Rodríguez advocates for a better understanding of how our brains process economic information to make more conscious decisions. He discusses various biases, such as confirmation bias and anchoring, that can lead to irrational economic behaviors, and he promotes critical thinking and diverse information gathering as strategies to mitigate their effects.