Livre

Cognitive biases such as the fear of loss and anchoring to the past shape individual and collective behaviors, becoming pathological in repetitive cycles amplified by intense emotions. The immature crowd creates a collective rationality through emotional propagation and thresholds, guided by convergences and divergences. Self-control and self-criticism enable overcoming these biases for more informed decisions.

The psycho-emotional model describes a universal cycle (Desire, Reality, Volume, Doubt, Confidence) that explains individual and collective behavioral dynamics, applicable to stock markets, social movements, or personal transformations. It highlights the perception-decision interplay, amplified by emotions, to analyze and guide behaviors. By cultivating self-analysis, each individual can enhance resilience and clarity in the face of crowd dynamics.

This work explores crowd behavior in markets as a cyclical, emotional phenomenon driven by biases like loss aversion and imitation, rather than rational data. It connects empirical observations to behavioral sciences, highlighting how collective memory and digital propagation shape price dynamics. Practical solutions focus on transparency, education, and ethical interventions to mitigate manipulation and foster resilient systems.

In Conscience, Knowledge, and the Construction of Collective Reality, L.W.J.S. explores a "universal wave" uniting crowds and financial markets. A confidential equation models collective movements (campaigns, reforms, prices) as a living puzzle, shaped by psychological anchors (solidarity), aspirations (projects), and emotions, amplified by crises, as seen in Amsterdam’s response to a flood. Originating from markets, this mechanism applies to crowds. Woven by our biases, this