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An Experimental Study of Money Illusion in Intertemporal Decision Making
Yamamori, Tetsuo - 2014
To examine the degree to which price fluctuations affect how individuals approach an intertemporal decision …-making problem, we conduct a laboratory experiment in which subjects spend their savings on consumption over 20 periods. In the …
Persistent link: https://www.econbiz.de/10013044302
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Does money illusion matter in intertemporal decision making?
Yamamori, Tetsuo; Iwata, Kazuyuki; Ogawa, Akira - In: Journal of economic behavior & organization : JEBO 145 (2018), pp. 465-473
Persistent link: https://www.econbiz.de/10011941775
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Why do high ability people also suffer from money illusion? : experimental evidence of behavioral contradiction
Shimizu, Mariko - In: Theoretical and applied economics : GAER review 26 (2019) 1/618, pp. 5-22
Persistent link: https://www.econbiz.de/10012174182
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Does Money Illusion Matter?
Fehr, Ernst; Tyran, Jean-Robert - 2008
Money illusion means that people behave differently when the same objective situation is represented in nominal terms rather than in real terms. This paper shows that seemingly innocuous differences in payoff representation cause pronounced differences in nominal price inertia indicating the...
Persistent link: https://www.econbiz.de/10014101372
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Does Money Illusion Matter?
Fehr, Ernst; Tyran, Jean-Robert - 2012
Money illusion means that people behave differently when the same objective situation is represented in nominal terms rather than in real terms. This paper shows that seemingly innocuous differences in payoff representation cause pronounced differences in nominal price inertia indicating the...
Persistent link: https://www.econbiz.de/10014171142
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Don’t Ignore Inflation Ignorance : An Experimental Analysis of the Degree of Money Illusion in Individual Decision Making
Branger, Nicole - 2019
inflation rate. We avoid these identification issues by conducting a controlled and fully incentivized investment experiment. We …
Persistent link: https://www.econbiz.de/10012900193
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Money illusion reconsidered in the light of cognitive science
Vincze, János - 2017
taking a view of human decision-making based on certain strands of cognitive psychology one can reinterpret the evidence for …
Persistent link: https://www.econbiz.de/10012010724
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Money illusion: reconsidered in the light of cognitive science
Vincze, János - In: Acta oeconomica : periodical of the Hungarian Academy … 69 (2019) 2, pp. 191-215
Persistent link: https://www.econbiz.de/10012137253
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Effect of false confidence on asset allocation decisions of households
Chatterjee, Swarn - In: International journal of finance & banking studies : JJFBS 3 (2014) 1, pp. 1-11
Persistent link: https://www.econbiz.de/10010532783
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Deliberation enhances the confirmation bias : an examination of politics and religion
Dickinson, David L. - 2020
suggesting the confirmation bias may be unlike other decision biases - this bias may thrive when the decision maker is more is …
Persistent link: https://www.econbiz.de/10012213878