Mental Accounting and the Absentminded Driver.

There is a broad range of phenomena that are categorized as "mental accounting". Some of these phenomena may be viewed as situations in which a person evaluates decisions based on the implicit assumption that the decision she makes at a given moment will be repeated many times in the future. For example, people find it easier to spend windfall profits than they do regular income.

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Year of publication:	2001
Authors:	Gilboa, I. ; Gilboa-Schechtman, E.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	INCOME \| MONEY \| ACCOUNTING

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	14 pages
Classification:	D1 - Household Behavior and Family Economics ; C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005675434