Why Smart People Make Big Money Mistakes and How to Correct Them

Why Smart People Make Big Money Mistakes and How to Correct Them

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a€c A fascinating and practical manual: Looking at the ways we spend, save, borrow, invest, and waste money, Gary Belsky and Thomas Gilovich reveal the psychology underlying irrational financial behavior. Entertaining case studies illustrate common patterns of thinking and show readers how changing their habits can protect and grow their assets. . a€c New information for a new economic climate: Belsky and Gilovich offer sound theory and sensible advice that accounts for new economic realities and helps people make good decisions in these difficult times. . a€c Increasing prominence of the field: Interest in behavioral economics has increased dramatically since the first edition was released. This updated volume will offer the latest research to readers eager to learn about its practical applications..... to decide, you still have made a choice. a€”from a€œFreewill, a€ by the 1970s rock group Rush ... Similarly, it leads car owners to pay for expensive repairs because of money already spent on previous fixes. Both examples show how loss aversionanbsp;...


Title:Why Smart People Make Big Money Mistakes and How to Correct Them
Author: Gary Belsky, Thomas Gilovich
Publisher:Simon and Schuster - 2010-01-12
ISBN-13:

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