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Keywords: Mental accounting
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Journal Articles
Unfinished business: a multicommodity intertemporal planner–doer framework
Available to Purchase
Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2020) 12 (1): 35–68.
Published: 13 May 2020
...Hersh Shefrin Purpose There was unfinished business to address in the version of the planner–doer model developed in Thaler and Shefrin (1981). The unfinished business involved identifying and modeling the crucial roles played by temptation and mental accounting in pensions and savings behavior...
Journal Articles
Credit repayment decisions: The role of long‐term consequence information, economic and psychological factors
Available to Purchase
Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2012) 4 (2): 98–112.
Published: 16 November 2012
... in repayment decisions. A dual mental accounting model of money management predicted that repayments would be influenced by both total cost and loan duration information. Experiment 2 also investigated the role of key economic and psychological factors, including some related to a risk defusing operator model...
