Misbehaving with Richard Thaler
Hidden Brain
00:00
Do You Have a Joint Checking Account?
richard has played a psychotherapist for many people who come to him with their economic problems. One of the things i've noticed about myself is that my wife and i, we share our finances. So we have a joint checking account. We we sort of draw from the same pool of money. But i've noticed that when i go to restaurants, i really like it when my ife pulls out her credit card and pays for the bill. Now, i am effectively still paying for it, but it significantly increases my satisfaction with the meal not to have to pull out my own credit card.
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