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Why does spending money sometimes feel almost physically painful? Why are we comfortable overpaying for something again just because we’ve overpaid for it once before? Dan Ariely, professor of Psychology and Behavioral Economics at Duke University, steps forward to answer these intriguing questions about our spending psychology. He shares the stage with his co-author Jeff Kreisler—Princeton educated lawyer turned award-winning comedian—to share their book Dollars and Sense: How We Misthink Money and How to Spend Smarter. The pair provides an enlightening and witty view into our irrational behavior and how it often interferes with our best intentions when it comes to managing our finances. Ariely and Kreisler take us deep inside our own minds to expose the hidden habits and motivations secretly driving our financial choices.
Dan Ariely is the author of New York Times bestselling book Predictably Irrational. He is the James B. Duke Professor of Psychology and Behavioral Economics at Duke University and is the founder of the Center for Advanced Hindsight. His work has been featured in the New York Times, Wall Street Journal, Washington Post, Boston Globe, and elsewhere. Ariely’s co-author Jeff Kreisler began as a Princeton educated lawyer before trying his hand as a comedian, author, speaker, TV pundit, speechwriter, and advocate for behavioral economics.
Presented by Town Hall Seattle as part of the Science series.