Effects of mental accounting on intertemporal choice [PDF]
, 1997 Two experiments with undergraduates as subjects were carried out with the aim of replicating and extending previous results showing that the implication of the behavioral life-cycle hypothesis (H. M. Shefrin & R. H.
Gärling, Tommy +2 more
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Health Economics, EarlyView.ABSTRACT The fiscal sustainability of healthcare systems is increasingly strained by aging populations with two competing hypotheses dominating the literature. The Red Herring Hypothesis suggests that healthcare expenditures are driven more by proximity to death than by chronological age, while the Steepening Hypothesis examines whether expenditures ...
Malene Kallestrup‐Lamb +2 more
wiley +1 more source
Discount or trade off: The psychological mechanisms of intertemporal choice with double-dated mixed outcomes [PDF]
, 2023 Si-Chu SHEN +3 more
openalex +1 more source
Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening
International Journal of Finance &Economics, EarlyView.ABSTRACT We investigate how the monetary policy interest rate affects Brazilian households' consumption intentions under two distinct regimes: monetary easing and tightening cycles. Using data from low‐ and high‐income households, we assess both the magnitude and the dynamics of this relationship.
Helder Ferreira de Mendonça +1 more
wiley +1 more source
Hierarchical Bayesian modeling of intertemporal choice [PDF]
Judgment and Decision Making, 2017 There is a growing interest in studying individual differences in choices that involve trading off reward amount and delay to delivery because such choices have been linked to involvement in risky behaviors, such as substance abuse.
Melisa E. Chávez +3 more
doaj
Future Time Perspective Impacts Gain-Related but Not Loss-Related Intertemporal Choice
Frontiers in Psychology, 2018 Future time perspective (FTP) modulates individuals’ temporal orientation in selecting their motivations and goals, which widely influences their cognitions and behaviors. However, it remains unclear how FTP exactly affects intertemporal choice.
Tian Li +5 more
doaj +1 more source
Impact of Sovereign Debt Maturity on Fiscal Sustainability
International Journal of Finance &Economics, EarlyView.ABSTRACT This study is the first to investigate the impact of the term structure of public debt on fiscal sustainability. We adopt the widely used backward‐looking measure of fiscal sustainability—fiscal responsiveness as proposed by Bohn. Using data from De Graeve and Mazzolini and focusing on a sample of 19 most developed countries, we demonstrate ...
António Afonso +3 more
wiley +1 more source
The effects of background music and sound in economic decision making: Evidence from a laboratory experiment [PDF]
This paper experimentally studies the effects of background music and sound on the preference of the decision makers for rewards in pairwise intertemporal choice tasks and lottery choice tasks.
Fujikawa, Takemi, Kobayashi, Yohei
core +1 more source
Temporary VAT Reduction in Vietnam: Consumer Behavior Analysis
International Studies of Economics, EarlyView.ABSTRACT This study investigates the impact of temporary VAT rate changes on consumer behavior in Vietnam, particularly concerning the VAT reduction implemented during 2023–2024. The research analyzes annual survey data and household expenditure reports to assess changes in consumer spending on durable goods during the first half of 2024 (2024 H1 ...
Hang Thi Thu Trinh
wiley +1 more source
An Experimental Test for Stability of the Transformation Function in Rank-Dependent Expected Utility Theory and Order-Dependent Present Value Theory [PDF]
, 1998 We propose and analyze a generalization of present value maximization, 'time-order dependent present value (TODPV),' for intertemporal income choice. The model is analagous to the rank dependent expected utility model (RDEU) for choice under risk.
Gigliotti, Gary, Sopher, Barry
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