Stanford researchers predict long-term personal finances in the lab

Stanford researchers predict long-term personal finances in the lab:

"New data suggests that different neurological systems are responsible for learning about gain and loss," Knutson said.

Psychology has traditionally held that learning is learning, but neuro-economics takes a different position. Positive emotions like excitement and negative emotions like anxiety, supported by separate brain circuits, seem to motivate gain and loss learning, respectively. Being good at winning money doesn't necessarily mean you're good at not losing it..."

and

"...individuals' test results corresponded tightly with their financial histories. Better performance during the gain-learning trials was closely related to more assets. Better performance during the loss-learning trials, however, was related to less debt."

Very interesting!