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Experiencing Financial Stress May Lead to Physical Pain
People who feel that their financial outlook is shaky may actually experience more physical pain than those who feel financially secure, a psychological study suggests.
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The Rich Can Learn From the Poor About How to Be Frugal
The New York Times: I try to be frugal. But my instincts as a consumer are mistaken. Behavioral economics suggests that I’m often frugal in the wrong way and that you may be, too. Consider
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In Real-Estate, ‘Love’ Hurts and ‘Sexy’ Sells
The Wall Street Journal: In luxury real estate, love is cheap and sex sells. An analysis of roughly 1.6 million home listings found that lower-priced homes were most likely to have the word “love” in
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Getting to Yes Is Easier Than Saying No
Over 100 million viewers tune in for the NFL’s championship Super Bowl game and musical Halftime Show. Historically, the NFL foots the bill for the musical entertainment; but in 2015 the NFL proposed that top
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Mental depletion complicates financial decisions for the poor
PBS: Kristen Doerer: How does being poor affect people’s financial decisions? What factors affect their decision making? Dan Ariely: Well, none of us always make the best financial decisions. One of the big lessons from
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Poverty makes financial decisions harder. Behavioral economics can help
PBS: Last month, behavioral economist Dan Ariely and his team at the Center for Advanced Hindsight opened up the Common Cents Lab. Its goal is twofold: to examine how those living in poverty misspend their