Spending and credit use in the private household
Economic decisions in private households involve two aspects: what to buy and how to finance it. Models of spending and financing are presented, and determinants of credit decisions in the private household are discussed. It is proposed that both situational characteristics (e.g., gender roles, children, and relationship quality) and process characteristics (e.g., mental accounting and utility prediction) need to be taken into account. Moving from an individual perspective to a household perspective has implications for theoretical conceptions of credit decisions, and for consulting policy of banks and consumer organizations.
Year of publication: |
2008
|
---|---|
Authors: | Kirchler, Erich ; Hoelzl, Erik ; Kamleitner, Bernadette |
Published in: |
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics). - Elsevier, ISSN 2214-8043. - Vol. 37.2008, 2, p. 519-532
|
Publisher: |
Elsevier |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Spending and credit use in the private household
Kirchler, Erich, (2008)
-
Experiencing costs and benefits of a loan transaction : the role of cost-benefit associations
Kamleitner, Bernadette, (2010)
-
Loan repayment plans as sequences of instalments
Hoelzl, Erik, (2011)
- More ...