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  • We can think about how we reduce the pain in paying. So, for example, credit cards are wonderful mechanisms to reduce the pain of paying. If you go to a restaurant and you are paying cash, you would feel much worse than if you were paying with credit card. Why? You know the price, there's no surprise, but if you're paying cash, you feel a bit more guilt.

    "A conversation with Dan Ariely, Author of Predictably Irrational". Big Think Interview, bigthink.com. November 18, 2009.
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