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This research examines how the importance of a consumer decision influences attitude-decision consistency and choice in … decision contexts that contain versus do not contain specified alternatives. Results demonstrate that decision importance … moderates attitude-decision consistency when alternatives are not specified, but not when alternatives are specified. These …
Persistent link: https://www.econbiz.de/10013114268
This chapter provides a behavioral decision perspective on the implications of intertemporal choice research for …
Persistent link: https://www.econbiz.de/10013115514
In four studies, we show that consumers' savings can be increased or decreased merely by changing the way consumers think about their saving goals. Consumers can (a) either specify or not specify an exact amount to save (goal specificity), and (b) they can focus on either how to save, or why to...
Persistent link: https://www.econbiz.de/10013118039
investment decision-making criteria, including past performance, star rating and fees. We conclude that investors are rational …
Persistent link: https://www.econbiz.de/10013122584
This paper examines households' interest rate risk perception when choosing between fixed rate mortgages (FRMs) and adjustable rate mortgages (ARMs). The empirical analysis, carried out on the basis of data from the Survey on Household Income and Wealth by the Bank of Italy, highlights pervasive...
Persistent link: https://www.econbiz.de/10013125056
choices between buying and deferred buying. In Experiment 1 predictions from the behavioral life-cycle theory (Shefrin … behavioral life-cycle theory is obtained in Experiment 2 where four income-change conditions and durable and nondurable goods are …
Persistent link: https://www.econbiz.de/10013100157
users' credibility judgments are more extreme when a firm's actual accounting choices do not match expectations. Experiment … 1 supports this prediction in a stock-based compensation context, and Experiment 2 supports it in an accounting estimate … context. Further, evidence from Experiment 1 supports the prediction that credibility judgments mediate the effect of a …
Persistent link: https://www.econbiz.de/10013146748
straightforward incorporation of decision-maker characteristics as covariates to individual-level error scale, in a way that is …
Persistent link: https://www.econbiz.de/10013147153
organizational and individual decision-making. Image theory contends that decisions are made in a two-stage process based on … the trajectory image. These internal images provide the guidance for consumer decision making …
Persistent link: https://www.econbiz.de/10013156375
In this keynote address, David Wirth identifies fundamental and dynamic attributes of globalisation, examines the need to confront institutional failures and systemic challenges of multilateral governance, and offers some preliminary observations on directions in which global governance might...
Persistent link: https://www.econbiz.de/10013084521