Analyses | Social mobility and wellbeing | 2016-01-18 | Sing Tao

Wasteful spending of overconfident consumers



The festive Chinese New Year is just around the corner, it’s high time for shopping and spending. However, before making any decisions, consumers should be aware of the consequences of being overconfident. As researches show, overconfidence might induce buyers’ poor choices.

The full version of the commentary is in Chinese only.