Managerial Econ
Economic Analysis of Business Practice
Wednesday, August 27, 2008
Things you should do, but probably don't
Advice from Nudge (
book review
), a new book summarizing research in Behavorial Economics:
save more
diversify your investments
don’t invest much in your employer’s stock
don’t pay points on mortgages
buy insurance with the biggest deductible you can afford
don’t pay for extended warranties
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