50% of the Students at Harvard & MIT & Princeton gave the wrong answer to this simple Logic Question !
and at other Colleges the Failure rate was 80% !
A Bat & Ball together cost US $ 1.1 ~ The Bat costs US $ 1 more than the Ball ~ What is the cost of the Ball !?
Behavioral Science explains why this happened !
Try answering it before you click on the link above ! I did and got it right !
Hint ~ Don’t Trust your Instinctive Intuition on this one ~ Do the Maths !
In The Investment World too Investors often behave irrationally,either in individual action or in herd mentality ~ and this has spawned the study of Behavioral Science ! ~ in my workshops one of the popular sessions that gets the loudest and most fun and interactive participation is when I play out the participants against each other in situations !