How people ‘mentally launder’ unethical income
By obscuring the source of unethical income, people can avoid self-imposed constraints on spending it.
People overreact to news about stocks (and other things) they own
The “endowment effect” influences how people process information.
The Equation: How to put a price on people’s appetite for exclusivity
The pursuit of “mimetic dominance” over others can raise people’s valuation of a product above their own intrinsic taste for it.
How human psychology explains exclusive brands—and exclusionary policies
People put greater value on things that other people want but can’t have.
‘Mental money laundering’ lifts constraints on spending morally questionable income
Blurring the source of ill-gotten gains can mitigate the effects of mental accounting.