The Denomination Effect: Why You Are More Likely to Hang Onto a $100 Bill Than Five $20s - SciTechDaily

Picture this: you're going to the office and you stop at your regular coffee shop on the way. You pick up your usual large mocha and you eye the ham and cheese paninis hungrily. Breakfast did not fill you up as much as it usually does, and you're feeling peck…

The Denomination Effect explains why youre more likely to hang on to a $100 bill than five $20s. Picture this: youre going to the office and you stop at your regular coffee shop on the way. You pick… [+8921 chars]

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