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Mind over Money on Nova

On April 27, I viewed Mind Over Money on Nova.  The documentary portrays different theories by economists about emotional and rational decisions.  I found the documentary of interest in part because throughout the program  an experiment with a twenty dollar bill, which sold for twenty-eight dollars during an auction, was used as an example of how emotion and peer pressure may play a role in economic decisions.  This experiment reminded me of an art performance I organized during a 1998 residency at Skowhegan School of Painting and Sculpture, where I auctioned two hundred dollars for two hundred and five dollars.

Part of the argument:

A new study at Harvard is exploring how emotions affect our decisions, whether we like it or not.

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