7min chapter

Masters in Business cover image

Trust in Finance and Consumer Confidence With Meir Statman

Masters in Business

CHAPTER

The Evolution of Behavioral Finance

This chapter examines the transformation of behavioral finance over three generations, shifting from the view of rational profit maximizers to a holistic understanding of individuals' emotional and expressive needs in financial decision-making. It emphasizes that true financial success encompasses personal values, social responsibility, and a broader perspective on life satisfaction, challenging the notion that wealth accumulation is the sole measure of prosperity.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode