# Prof. Adam Alter's research on exceptional expenses is highlighted

1 Faculty News June 19, 2012 ![The Gobe and Mail logo](/sites/default/files/styles/246w/public/assets/images/con_030719.jpg?itok=syM8EjNA)>

Excerpt from [The Globe and Mail](http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/beware-those-little-splurges-really-add-up/article4324598/?cmpid=rss1) -- "'In each instance, it seems reasonable to make a budgeting exception given the special nature of the spending and the low likelihood that a similar situation will recur any time soon,' the authors Abigail Sussman, a doctoral candidate of psychology at Princeton University, and [Adam Alter](http://www.stern.nyu.edu/faculty/bio/adam-alter), an assistant professor of marketing at New York University, wrote."

[Read more](http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/beware-those-little-splurges-really-add-up/article4324598/?cmpid=rss1)

Additional coverage appeared in the [Financial Times](http://www.ft.com/intl/cms/s/2/14610d6c-bbbd-11e1-9aff-00144feabdc0.html#axzz1yXP1zH6B), [University of Chicago Press](http://www.press.uchicago.edu/pressReleases/2012/June/JCR_1206_Budget.html), [Newstrack India](http://www.newstrackindia.com/newsdetails/2012/06/20/302-Why-consumers-overspend-on-exceptional-purchases.html) and [Phys.org](http://phys.org/news/2012-06-consumers-overspend-exceptional.html).