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The mind of money: Mental accounting theory checks out

Source: Phys.org · Published

The mind of money: Mental accounting theory checks out

When it comes to money, humans are not always rational. First introduced decades ago, the influential concept of mental accounting posits that consumers make decisions based on subjective accounts…

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  • #accounting
  • #mental
  • #money
  • #influential
  • #introduced
  • #subjective

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