Emotion and Money

In the latest edition of Rutgers Magazine, Rutgers-Camden professors Sean Duffy, Robert Schindler, and John Smith discuss how emotions rule our financial decisions and attitude toward money.

“Emotion is part of almost every human decision, but the extent of the emotion depends upon the nature of the financial transaction. There is little emotion in buying a cup of coffee, but a lot in buying a house,” says Duffy, an associate professor of psychology.

Posted in: Research Highlights

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