The "magnitude effect" examined in economic psychology
concerns reductions in the implied discount rate as the amount of money at issue increases (Thaler, 1981).
Are the Enron debacle, the accounting issues, the liability question for corporate boards, and other corporate governance issues dampening the economic psychology
among corporate decision makers?
1997), "Gender differences in risk behaviour in financial decision-making: An experimental analysis", Journal of Economic Psychology
Diacon, S and Hasseldine, J (2006) "Framing Effects and Risk Perception: The Effect of Prior Performance Presentation Format on Investment Fund Choice" Journal of Economic Psychology
, Forthcoming 2006
Treating the consumer debt problem early before the consumer gets too "ill", coupled with a customer centric debt collection approach will benefit both consumers and banks according to Professor Alan Lewis, a leading academic of economic psychology
(University of Bath) and author of the report.
The economic psychology
is shifting quickly and seems to be trending in a largely negative direction.
2003) "The relationship of materialism to spending tendencies, saving and debt" Journal of Economic Psychology
Specialists in economic psychology
were studying risk strategy and homed in on the very specialised business of penalty kicks.
1914) situated the model within educational and economic psychology
This research provides empirical backing for the many adages cautioning against lending to a friend: lending can be hazardous to a relationship," said Dezso, a pre-doctoral candidate in economic psychology
Published as a topical issue of the journal Zeitschrift fur Psychologie/Journal of Psychology, this volume provides 7 empirical papers on economic psychology
1990), "The Sacred Meanings of Money", Journal of Economic Psychology