The Happiness Lab with Dr. Laurie Santos cover image

How to Spend Your Time and Money Better (with Nobel Prize Winner Richard Thaler)

The Happiness Lab with Dr. Laurie Santos

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Inertia, Endowment, and Temporal Myopia

The endowment effect and status-quo inertia explain why we stick with possessions and auto-renewals; defaults (like automatic 401(k) enrollment) and the defective telescope (procrastination) show how time bias shapes saving and savoring.

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