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Thinking Money~Behavioral Economics
Old 10-30-2014, 04:03 PM   #1
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Thinking Money~Behavioral Economics

Dave Coyne and FINRA have produced a pretty sweet video for PBS that I recently viewed. It's all about a subject near and dear to the hearts of many folks that post here~ Behavioral Economics.

The part that I liked best is about half way thru and discusses what he calls the "McGurk-McDonald effect". However there are many excellent points throughout the production.

This recently played on PBS and I have saved the DVR and will view it again in the future.

Thinking Money: The Psychology Behind our Best and Worst Financial Decisions | Station Relations | MPT
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Old 10-31-2014, 07:02 AM   #2
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Looks good. I took an online course about behavioral economics with Duke's Dan Ariely. It was interesting.
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Old 10-31-2014, 11:05 AM   #3
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Cool...thanks for sharing. I love this stuff!
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Old 10-31-2014, 12:33 PM   #4
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Thanks for the link. I find shows like that interesting.
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Old 10-31-2014, 12:45 PM   #5
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Looks worth watching - thanks for the link!
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Old 10-31-2014, 11:26 PM   #6
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Originally Posted by donheff View Post
Looks good. I took an online course about behavioral economics with Duke's Dan Ariely. It was interesting.
Met Dan Ariely at, of all places, Burning Man. He presented a great lecture, kept in contact by email for a while. His book Predictably Irrational is a good read, we discussed it at a local Bogleheads meeting too. I love behavioral economics but it seems mostly to benefit marketing & sales (and avoiding sales offers), I have not found much to be actionable in my investing life.
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