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Why smart people make big money mistakes-- and how to correct them: lessons from the life-changing science of behavioral economics

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Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities.In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don't get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can't sock away as much as they'd like, and why so many of us can't control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
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9781439169742
9781439163368
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Grouping Information

Grouped Work IDb0f5f03b-6e37-5596-492d-050213473bae
Grouping Titlewhy smart people make big money mistakes and how to correct them lessons from the life changing science of behavioral economics
Grouping Authorgary belsky
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2021-05-16 03:30:03AM
Last Indexed2021-05-15 02:59:09AM
Novelist Primary ISBN9781439163368

Solr Details

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auth_author2Gilovich, Thomas.
authorGary Belsky
author2-roleGilovich, Thomas.
author_displayBelsky, Gary
detailed_location_catalogCentral
display_descriptionProtect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities.
In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don't get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can't sock away as much as they'd like, and why so many of us can't control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year.

Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
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ils:.b24167046BookBooksSimon & Schuster trade paperback edition.EnglishSimon & Schuster Paperbacks, [2010]viii, 275 pages ; 22 cm
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subject_facetConsumers -- Attitudes
Economics -- Psychological aspects
Finance, Personal -- Decision making
Finance, Personal -- Psychological aspects
Investments -- Decision making
title_displayWhy smart people make big money mistakes-- and how to correct them : lessons from the life-changing science of behavioral economics
title_fullWhy Smart People Make Big Money Mistakes and How to Correct Them Lessons from the Life-Changing Science of Behavioral Economics
Why smart people make big money mistakes-- and how to correct them : lessons from the life-changing science of behavioral economics / Gary Belsky & Thomas Gilovich
title_shortWhy smart people make big money mistakes-- and how to correct them
title_sublessons from the life-changing science of behavioral economics
topic_facetAttitudes
Business
Consumers
Decision making
Economics
Finance
Finance, Personal
Investments
Nonfiction
Psychological aspects
Psychology