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New study shows algorithms promote gender bias, and that consumers cooperate phys.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phys.org Daily Mail and Mail on Sunday newspapers.
Credit cards increase the pleasure in purchasing mit.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mit.edu Daily Mail and Mail on Sunday newspapers.
For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. A new study by MIT Sloan School of Management Professor Drazen Prelec and University of Utah Professor Sachin Banker found that excess credit card. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: ....
Share: For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. A new study by MIT Sloan School of Management Professor Drazen Prelec and University of Utah Professor Sachin Banker found that excess credit card spending is actually driven in part by chemical response inside the brain. What Happened? The new study suggests consumers overspend when using credit cards because credit cards “step on the gas” in the pleasure centers within the brain. Other researchers had previously hypothesized that credit cards simply eliminate some of the loss-related pain associated with spending hard-earned cash. ....
Study: Credit Cards Hijack Your Brain, Leading to More Spending moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.