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Printable Handouts
Navigable Slide Index
- Introduction
- Traditional economics vs. behavioral economics
- Emotional influences
- Irrational decisions
- Mental accounting
- Mental accounting- example
- Mental accounting and decisions about money
- Spending a bonus vs. a rebate
- Accounted spending (1)
- Accounted spending (2)
- Actual spending - the lab store
- Actual spending (1)
- Actual spending (2)
- The restitution money example
- Loss aversion
- Discount brokerage firm trading records analysis
- Implications of loss aversion
- Loss aversion and decisions about money
- The sunk cost fallacy
- The sunk cost fallacy- example
- Decisional conflict and decision paralysis
- Decision paralysis and defaults
- Decision paralysis and defaults- an extreme form
- Using irrationality to make better financial choices
- Improving saving further
- In conclusion
Topics Covered
- Irrationality
- Mental accounting
- Loss aversion
- Sunk cost fallacy
- Decision conflict
- Decision paralysis
- Retirement savings
Talk Citation
Gilovich, T. (2011, September 27). Decisions about money [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 21, 2024, from https://doi.org/10.69645/CZIF6617.Export Citation (RIS)