Marketplace for Monday, January 16, 2012
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Despite S&P's credit downgrade of several European countries, markets reacted with a collective... meh. We tell you why. Plus, we look at minority unemployment and see how the Occupy movement is weathering the winter. And if you've gone shopping recently, did you end up purchasing more than you wanted to? A behavior science professor explains why that happens.
Posted In: psychology, spending, advertising
Behavioral economist Nick Epley at the University of Chicago tells us what "price anchoring" is -- and how numbers influence our judgment.
Posted In: Europe debt crisis, Eurozone, downgrade, Greek debt
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
Posted In: My Life Is True
Commentator Alejandra Bautista-Landin reflects on the decision that changed her life and where she's come since.