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Navigating the Mere Urgency Effect: Balancing Urgency and Importance
Manage episode 462326047 series 3485712
Вміст надано Dr. Bryan Foltice. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Dr. Bryan Foltice або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Understanding the Mere Urgency Effect in Behavioral Finance
In this episode of the Bryan Foltice Behavioral Finance Podcast, Dr. Bryan Foltice explores the Mere Urgency Effect, a psychological phenomenon where people prioritize urgent tasks over important ones, even if the latter offers greater rewards. He delves into recent studies from the Journal of Consumer Research by professors from Carnegie Mellon, Florida, and Chicago. Bryan explains the practical implications of this effect on productivity and financial planning, offering actionable advice on how to better categorize and prioritize tasks to achieve financial and personal goals. He also provides resources for further learning and tools for effective financial planning available on his website and Udemy. Listeners are encouraged to subscribe and engage with the podcast for more insights into behavioral finance.
00:00 Introduction and Podcast Overview
00:23 Promotional Announcements and Resources
01:27 Understanding the Mere Urgency Effect
02:14 Real-Life Examples of Urgency vs. Importance
07:12 Implications for Productivity and Finance
11:08 Strategies to Outsmart the Urgency Effect
16:19 Conclusion and Final Thoughts
Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv
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