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Why are we Financially Irrational
Have you every wondered why so many of us behave the way we do when it comes to money?
Why do we spend too much, even when we know it doesn't make sense.
Why do we expect to pay a low price to buy something, yet once we own it we believe its value is higher.
People and money seem to explode every so often, and governments and economist seem powerless to explain these financial events.
Have you ever wondered ...
Make to check the Nova website for more information on this documentary Mind Over Money go to http://www.pbs.org/wgbh/nova/body/mind-over-money.html
Why do we spend too much, even when we know it doesn't make sense.
Why do we expect to pay a low price to buy something, yet once we own it we believe its value is higher.
People and money seem to explode every so often, and governments and economist seem powerless to explain these financial events.
Have you ever wondered ...
- Why are we so irrational when it comes to money?
- Can financial behaviour be predicted?
- If so, why do financial markets seem to explode?
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