Episode 864
Loan applications rejected more around midday
At one bank, loan officers rejected significantly more restructuring requests after a few hours' work...
Naked Scientists, In Short Special Editions Podcast · The Naked Scientists
May 14, 20214m 34s
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Show Notes
It's often hardest to think when you've been working all day - especially if your job involves making lots of decisions. Psychologists call this decision fatigue. And evidence has shown that the phenomenon has serious, real-world consequences... beyond making you collapse on the sofa. Now, a study from the University of Cambridge seems to demonstrate that it could make the difference between your bank loan getting approved - or rejected. Lead author Tobias Baer spoke to Eva Higginbotham... Like this podcast? Please help us by supporting the Naked Scientists
Topics
tobias baerloan applicationsrestructuring requestsdecision fatiguebank loansrejected before lunch