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

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

Lessons from the New Science of Behavioral Economics

1999 • 234 pages

"Gary Belsky and Thomas Gilovich reveal why people spend, invest, save, borrow, and, most important, waste money. They provide fascinating insights into all manner of occurrencestipping, gambling, plane crashes, lotteries, and game shows, to name just a few - to explain behavioral economics in a way that is as entertaining as it is informative.

Best of all, they offer dozens of useful tips that will help us overcome the blind spots that cloud our financial judgment and will allow us to enjoy greater financial freedom."--BOOK JACKET.

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