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behavioral finance

Experiments with money

3 experiments with money

by Roman on May 29, 2008

I am a big fan of behavioral economics which tries to explain why people act the way they do.
Here are 3 interesting experiments that scientists have made in order to get a better insight into how people relate to money.
The Ultimatum Game
You are given 100 dollars. You need to decide how to split this money [...]

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