How to win friends, avoid impulse buys and influence yourself - using 'Decision Architecture' to optimize outcomes
Manage episode 427240523 series 3584469
If you have ever had buyers remorse or felt guilty after eating that bowl of ice cream before bed, Episode 4 of Financial Opportunities Uncovered is a must listen. Join us as our guest, Dr. Drew Hanks, Associate Professor of Human Sciences at The Ohio State University, explains how we can prevent ourselves from making decisions we might later regret. From “winning” the bid at an auction, to negotiating for a higher salary, Dr. Hanks shares strategies and concepts like "decision architecture" that help us achieve the results we seek. Learn how Ghirardelli and others influence our buying behavior, how to maximize the profits on the sale of your home and how you can get a better deal on your next car purchase.
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