Currently browsing "Financial Decision Making"

Can Gratitude Reduce Costly Impatience?

Emotions are often seen as a hindrance to avoiding our irrational impulses, but research suggests that one emotion — gratitude — may help us hold out for future rewards. ... More>


Eldar Shafir: Scarcity


What’s the Value of a Dollar? It Depends on How You Perceive Numbers

When it comes to how we value money, not all dollars are created equal — rather, value depends on how exactly our internal representations of magnitude map onto symbolic numbers. ... More>


Got a Dollar? You May Be Happier if You Spend it on Someone Else

A boost to income can increase happiness to a certain degree, but accumulating research suggests how you spend your money may be equally important as the amount you have. ... More>