Curiosity Daily Podcast: Is That Real Money or Fun Money? The Trap of Mental Accounting

Learn about how to avoid the too-familiar trap of mental accounting, the story of when a glitchy instrument led to evidence for the Big Bang, and the real science behind how to make cut flowers last longer.

November 27, 2020

Episode Show Notes:

Is That Real Money Or Fun Money? The Familiar Trap Of Mental Accounting by Ashley Hamer

Thaler, R. H. (1999). Mental accounting matters. Journal of Behavioral Decision Making, 12(3), 183–206. https://onlinelibrary.wiley.com/doi/abs/10.1002/(SICI)1099-0771(199909)12:3%3C183::AID-BDM318%3E3.0.CO;2-F
Choices, Values, and Frames | Handbook of the Fundamentals of Financial Decision Making. (2020). Worldscientific.Com. https://www.worldscientific.com/doi/abs/10.1142/9789814417358_0016
Lehrer, J. (2011, February 14). The Curse of Mental Accounting. Wired; WIRED. https://www.wired.com/2011/02/the-curse-of-mental-accounting/
Mental Accounting Definition. (2020). Investopedia. https://www.investopedia.com/terms/m/mentalaccounting.asp

That time a glitchy instrument led to evidence for the Big Bang by Cameron Duke

A Science Odyssey: People and Discoveries: Penzias and Wilson discover cosmic microwave radiation. (2020). Pbs.Org. https://www.pbs.org/wgbh/aso/databank/entries/dp65co.html
Holmdel Horn Antenna. (2020). @apsphysics.

https://www.aps.org/programs/outreach/history/historicsites/penziaswilson.cfm

Wall, M. (2014, May 20). Cosmic Anniversary: “Big Bang Echo” Discovered 50 Years Ago Today. Space.Com; Space. https://www.space.com/25945-cosmic-microwave-background-discovery-50th-anniversary.html

How to make cut flowers last longer by Ashley Hamer (Listener question from Lisa)

What’s In Your Flowers’ Food? | Bouqs Blog. (2018, July 17). The Bouqs Co. Blog. https://bouqs.com/blog/whats-in-your-flowers-food/
‌S.E. Gould. (2013, January 20). Making sugar from carbon dioxide: The Calvin Cycle. Scientific American Blog Network. https://blogs.scientificamerican.com/lab-rat/making-sugar-from-carbon-dioxide-the-calvin-cycle/
The Science of Keeping Flowers Fresh | Experiments | Steve Spangler Science. (2019). The Lab. https://www.stevespanglerscience.com/lab/experiments/science-keeping-flowers-fresh/
‌Curtin, C. (2007, February 14). Fact or Fiction?: Vodka and Citrus Sodas Keep Cut Flowers Fresh. Scientific American. https://www.scientificamerican.com/article/fact-or-fiction-vodka-citrus-sodas-keep-flowers-fresh/
‌Nell, T.A., Reid, M.S. (2004, January) Special Research Report #410: Postproduction - The Three C’s of Success with Fresh Cut Flowers (2) – “Cleanliness”. The American Floral Endowment. https://endowment.org/wp-content/uploads/2014/03/410postprod.pdf
Nell, T.A. (2004, June) De-myth-tifying Cut Flower Care. Florists Review. P. 51-54. https://web.archive.org/web/20040618065419if_/http://www.floristsreview.com/main/june/featurestory.html

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