Thursday, November 17, 2011

Visiting Neuro-Economist to Explain What Really Motivates Our Financial Decisions

CHESTERTOWN, MD—As economic concerns and debt continue to dog the U.S., and European leaders work to avert financial catastrophes in their own countries, it seems more important than ever to understand just how people make monetary decisions—at home, in business, and in government. Are we even capable of reasonable decisions in the midst of so many temptations to misspend?
Economist Daniel Houser will offer some answers from the field of neuroeconomics when he delivers a talk titled “Temptation and Self-Control” on Tuesday, November 29 at Washington College. The talk, which is free and open to the public, will take place at 4:30 p.m. in Hynson Lounge, Hodson Hall, on the College campus (300 Washington Avenue).
“Temptation and the need for self-control are ubiquitous features of human lives, and can play an important role in the way we make economic decisions,” says Houser, Chair of the Department of Economics at George Mason University and a faculty member of its Center for the Study of Neuroeconomics. His talk will explore the ways temptation influences not only our purchases but also our productivity at work, and will discuss strategies for improved self-control.
The event is co-sponsored by the Washington College Department of Psychology, the Omicron Delta Epsilon International Honor Society in Economics, the Washington College Chapter of Sigma Xi and the Daniel Z. Gibson-John A Wagner Visitor Fund. For more information,

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