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The ability to influence behaviour is central to many of the key policy challenges in areas such as health, finance and climate change. The usual route to behaviour change in economics and psychology has been to attempt to ‘change minds’ by influencing the way people think through...
Persistent link: https://www.econbiz.de/10010577300
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The reported study advances psychological theory of well-being by offering deeper insight into the factors underlying financial well-being (FWB) in particular. An empirical investigation conducted into the determinants of FWB for two population groups, young workers and families with young...
Persistent link: https://www.econbiz.de/10010949898
We measured utility curves for the hypothetical monetary costs as a function of time engaged in three everyday physical activities: walking, standing, and sitting. We found that activities requiring more physical exertion resulted in steeper discount curves, i.e., perceived cost as a function of...
Persistent link: https://www.econbiz.de/10011042206
Decision researchers conduct laboratory experiments of choice between real rewards, but also often rely on asking people to provide hypothetical answers to fictitious situations. Applying results from such studies to real-world situations requires understanding how decision making in cases...
Persistent link: https://www.econbiz.de/10010617621