Choice

A neuromarketing publicity stunt?

As I mentioned in a previous post, I believe that neuromarketing can provide empirically valuable (albeit financially costly) insights about consumer preferences. A caveat before I begin:  I recognize that my approach as an academic to the topic of neuromarketing is likely to be different than a firm that is

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A hint that social media tells marketers something about you.

Dan Goldstein at Decision Science News and Shared Goel at Messy Matters recently presented data that suggest knowing what your friends like is predictive of what you like. The post is worth checking out: We measured the extent to which your friends’ behavior predicts your own, and found that in

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How much money do you need to buy happiness in your city?

Check out this “Real Time Economics” Blog post in the WSJ that estimates the amount of money you need to earn to make you happy in various cities. Although happiness is “attainable” in Denver at $75,750, you need $93,000 in Boulder. Boulder is a bargain, however, compared to the $163,500

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Emotional Accounting Part 2: The Laundering Effect

A second video related to my previous post on Emotional Accounting goes into depth about the “Laundering Effect”: Download the paper HERE. Levav, J., & McGraw, A.P. (2009). Emotional accounting: How feelings about money influence consumer choice.  Journal of Marketing Research, 46, 66-80.

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Emotional Accounting Part 1 (complementing mental accounting)

My good friend, Jonathan Levav, and I recently published a paper in the Journal of Marketing Research that examines how people’s feelings about money influence their consumer choices.  The abstract pretty much says it all: Mental accounting posits that people track their expenditures using cognitive categories or “mental accounts.” The

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Peter McGraw launches his blog – finally.

Good people, After too much planning, I am finally launching my blog — a small (but deep) voice in a sea of a few hundred million blogs.  I know I *should* post something every day, but given my busy pre-tenure schedule, I suspect that once a week is a more

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SOLO 92 | Self-Contained
Podcast - Solo

Self-Contained

  Peter McGraw is joined by guest co-host Christina Campbell to talk to Emma John, the author of Self-Contained: Scenes from a Single Life. They

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Not Featured

Curtain Call

  Welcome to the final episode of I’M NOT JOKING. Comedian JD Lopez returns from Episode 1 to debrief and reflect on Peter’s experience building

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