17 min
Thinking and Behaving Spare Change Education
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- Investing
Learn how biases and mental accounting affect our daily decision-making process as consumers and investors. This episode takes a look at the psychology behind decision-making, biases, mental accounting (budgets, sunk costs, etc.), and our attitudes towards risk. These concepts are explored in-depth in Daniel Kahneman's Thinking, Fast and Slow, and Richard Thaler's Misbehaving.
Learn how biases and mental accounting affect our daily decision-making process as consumers and investors. This episode takes a look at the psychology behind decision-making, biases, mental accounting (budgets, sunk costs, etc.), and our attitudes towards risk. These concepts are explored in-depth in Daniel Kahneman's Thinking, Fast and Slow, and Richard Thaler's Misbehaving.
17 min