Mental Budgeting versus Relative Thinking
نویسندگان
چکیده
منابع مشابه
Mental Budgeting and Consumer Decisions
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In experiments subjects regularly trade off time and money at inconsistent rates, apparently becoming less sensitive to money when considering the purchase of a more-expensive item. In this paper I introduce a demand function that matches this behaviour, and derive the predictions for equilibrium market structure, and then finally discuss market evidence. The demand function is derived from a u...
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When we think, we generally use concepts that we have not invented ourselves but that reflect the shared understandings of our community. We tend not to question views when they reflect an outlook on the world that is shared by everyone around us. An important example for development pertains to how people view the need to provide cognitive stimulation to children. In many societies, parents ta...
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When we think, we generally use concepts that we have not invented ourselves but that reflect the shared understandings of our community. We tend not to question views when they reflect an outlook on the world that is shared by everyone around us. An important example for development pertains to how people view the need to provide cognitive stimulation to children. In many societies, parents ta...
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Traditional medical training may actually impede a physician's ability to solve complex problems because it is based on vertical, linear and traditional thinking.
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ژورنال
عنوان ژورنال: AEA Papers and Proceedings
سال: 2018
ISSN: 2574-0768,2574-0776
DOI: 10.1257/pandp.20181095