A view over Kendall Square and the Charles River, toward Boston (2011). Photo: Les Vants

Founders Forward

What’s driving the new generation of biotech spinouts in Kendall Square?

Assoc. Prof. Drazen Prelec, who studies the psychology of money, says credit cards are insidious because they disconnect the pleasure of buying from the pain of paying.
Photo: Ed Quinn

The Psychology of Spending

Prof. Drazen Prelec, who studies the psychology of money, says credit cards are insidious because they disconnect the pleasure of buying from the pain of paying.