Hochman, Guy; Ayal, Shahar; Ariely, Dan - In: Journal of Economic Behavior & Organization 107 (2014) PB, pp. 582-594
which cases) the finding holds true for money. We contribute to this debate by exploring how prepayment affects financial … decisions. In one set of experiments, we show that when faced with a tradeoff between post- and prepayment, participants … pronounced when prepayment was more distant from its pure representation in dollars and cents (Experiment 1A), as well as when …