How to Set a Better Budget
Accounting for atypical costs such as car repairs and medical bills can make consumers’ spending estimates more accurate.
How to Set a Better BudgetWhy businesses should work to keep their promises
Breaking a promise is costly, but exceeding it might not be worth the effort.
Companies laboring to exceed promises made to customers or employees may find that the extra effort is not appreciated.
Ayelet Gneezy and Nicholas Epley, “Worth Keeping but Not Exceeding: Asymmetric Consequences of Breaking versus Exceeding Promises,” Social Psychological and Personality Science, May 2014. Chart reprinted with permission from Sage Publications. Copyright 2014.
Accounting for atypical costs such as car repairs and medical bills can make consumers’ spending estimates more accurate.
How to Set a Better BudgetWhen we evaluate others serially, we are likely to give a harsher description of the person who comes last.
Why the Last Candidate to Be Considered May Be the Least Likely to Be HiredMaking the process of self-correction too explicit can make it less effective.
The Hazards of Second-GuessingYour Privacy
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