A full range of psychological processes has been put into play to explain judgment and
choice phenomena. Complementing work on attention, information integration, and learning …

Time and money are scarce and precious resources: people experience stress about having
insufficient time, and worry about having insufficient money. This chapter reviews research …

Policy makers have embraced financial education as a necessary antidote to the increasing
complexity of consumers' financial decisions over the last generation. We conduct a meta …

Individuals can experience a lack of economic resources compared to others, which we refer
to as subjective experiences of economic scarcity. While such experiences have been …

The way a choice is presented influences what a decision-maker chooses. This paper
outlines the tools available to choice architects, that is anyone who present people with …

Consumer research is characterized by two types of research contributions: qualitative
researchers propose original theory and quantitative researchers test existing theory. We …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and
adolescents, aged ten to eighteen years, in an incentivized experiment and relate …

Consumers often make decisions about outcomes and events that occur over time. This
research examines consumers' sensitivity to the prospective duration relevant to their …

Goals constitute the focal points around which human behavior is organized. Much of what
people think about, feel, and do revolves around the goals they are trying to meet, or those …

Nostalgia has a strong presence in the marketing of goods and services. The current
research asked whether its effectiveness is driven by its weakening of the desire for money …