What is behavioral finance


Discussion:

1.How much money an average household in the US spend on buying lottery tickets every year?

2. What is behavioral finance?

3. What is a 401(k) plan?

4. Do we have higher savings rates in the United States?

5. What is "present bias"?

6. Why do people think of savings as a loss?

7. Why is savings important for households?

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Microeconomics: What is behavioral finance
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