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Why Smart People Make Big Money Mistakes - And How to Correct Them: Lessons from
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Why Smart People Make Big Money Mistakes - And How to Correct Them: Lessons from the New Science of Behavioral Economics Paperback - 2000

by Gary Belsky; Thomas Gilovich (Joint Author)


From the publisher

Why do so many otherwise smart people make foolish financial choices? Why do investors sell stocks just before they skyrocket -- and cling to others as they plummer? Why do shoppers overspend when using credit cards rather than cash? What do our habits of tipping or buying lottery tickets indicate about our relationship with money?

In this fascinating investigation of the ways we spend, invest, save, borrow, and waste money, Gary Belsky and Thomas Gilovich reveal the psychological causes -- the patterns of thinking and decision making -- of irrational behavior. Most important, they focus on the decisions we make every day and, using entertaining examples, provide invaluable tips on avoiding the financial faux pas that can cost thousands of dollars each year.

First line

By the third day of their honeymoon in Las Vegas, the newlyweds had lost their $1,000 gambling allowance.

Details

  • Title Why Smart People Make Big Money Mistakes - And How to Correct Them: Lessons from the New Science of Behavioral Economics
  • Author Gary Belsky; Thomas Gilovich (Joint Author)
  • Binding Paperback
  • Edition Fireside ed
  • Pages 224
  • Volumes 1
  • Language ENG
  • Publisher Simon & Schuster, Riverside, New Jersey, U.S.A.
  • Date April 6, 2000
  • ISBN 9780684859385 / 0684859386
  • Weight 0.48 lbs (0.22 kg)
  • Dimensions 8.5 x 5.58 x 0.54 in (21.59 x 14.17 x 1.37 cm)
  • Library of Congress subjects Economics - Psychological aspects, Finance, Personal - Psychological aspects
  • Library of Congress Catalog Number 98-31145
  • Dewey Decimal Code 332.024
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Why Smart People Make Big Money Mistakes - And How to Correct Them : Lessons from the New Science...

Why Smart People Make Big Money Mistakes - And How to Correct Them : Lessons from the New Science of Behavioral Economics

by Gary Belsky; Thomas Gilovich

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Why Smart People Make Big Money Mistakes - And How to Correct Them: Lessons from the New Science of Behavioral Economics

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Why Smart People Make Big Money Mistakes - And How to Correct Them : Lessons from the New Science of Behavioral Economics

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