Results 121 to 130 of about 192,570 (161)
Some of the next articles are maybe not open access.
The Review of Financial Studies, 2015
When investors sell one asset and quickly buy another (“reinvestment days”), their trades suggest the original mental account is not closed, but is instead rolled into the new asset. Investors display a rolled disposition effect, selling the new position when its value exceeds the investment in the original position.
Cary Frydman +2 more
openaire +1 more source
When investors sell one asset and quickly buy another (“reinvestment days”), their trades suggest the original mental account is not closed, but is instead rolled into the new asset. Investors display a rolled disposition effect, selling the new position when its value exceeds the investment in the original position.
Cary Frydman +2 more
openaire +1 more source
Mental Accounting and the Marginal Propensity to Consume
SSRN Electronic Journal, 2022This paper studies how and why consumers respond to unexpected, transitory income shocks. In a randomized control trial, I elicit marginal propensities to consume (MPC) out of different hypothetical income shock scenarios, varying the payment mode, the shock size, and the source of income.
openaire +3 more sources
Prospect theory, mental accounting, and momentum
Journal of Financial Economics, 2001Abstract The tendency of some investors to hold on to their losing stocks, driven by prospect theory and mental accounting, creates a spread between a stock's fundamental value and its equilibrium price, as well as price underreaction to information.
Mark Grinblatt, Bing Han
openaire +2 more sources
Issues of accountability in mental health administration
The journal of mental health administration, 1984The issue of accountability in state hospitals and state schools-hospitals can be expected to remain paramount in the future. Almost all areas of mental health services are being scrutinized by consumers who are demanding more for their money. From the Perspective of the mental administrator consumers will have to become a more meaningful part of the ...
R J, Sneed, J R, Lee
openaire +2 more sources
Mental Accounting in Retirement
SSRN Electronic Journal, 2017Mental Accounting is an important tool enabling us to make countless decisions each day. We code, categorize and evaluate our expenses using a system that we typically develop with our first paycheck. We routinely allocate some portion of our money to many buckets, and often over commit ourselves.
openaire +1 more source
Accounting for Mental Reference
1999Many authors have assumed that a subject can only understand the referring act of another subject if they come to entertain ideas or thoughts which refer to the same object in the world. Clearly, for evaluating the descriptive and explanatory adequacy of such object-dependent accounts of success in referential communication it has to be made more ...
openaire +1 more source
Mental Accounting in Konsumentscheidungen
2011In dieser Studie zum Thema Mental Accounting ging es darum herauszufinden, welchen Einfluss verschiedene Einnahmequellen auf das Ausgabeverhalten haben. Es gab acht verschiedene Fragebögen, die sich in den beschriebenen Szenarien unterschieden. Den Personen wurde dabei entweder mitgeteilt, dass sie durch einen Casinogewinn €25 bzw.
openaire +1 more source
Mental Accounting and decision making: a systematic literature review
Journal of Behavioral and Experimental Economics, 2023Emmanuel Marques Silva
exaly
The Psychology of Mental Accounting
The theory of mental accounting argues that there is a tendency to mentally sort monetary funds into separate mental accounts, which affects the way we think about spending money. Mental accounting strategies vary depending on the source of income and people’s categorisation of different purchases.openaire +1 more source