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Reducing spending in the present requires the combination of being both motivated to provide for one’s future self (valuing the future) and actively considering long-term implications of one’s choices (awareness of the future). Feeling more connected to the future self—thinking that the...
Persistent link: https://www.econbiz.de/10011196622
How does the anticipated connectedness between one’s current and future identity help explain impatience in intertemporal preferences? The less consumers are closely connected psychologically to their future selves, the less willing they will be to forgo immediate benefits in order to ensure...
Persistent link: https://www.econbiz.de/10009323837
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How does the anticipated connectedness between one’s current and future identity help explain impatience in intertemporal preferences? The less consumers are closely connected psychologically to their future selves, the less willing they will be to forgo immediate benefits in order to ensure...
Persistent link: https://www.econbiz.de/10014176955
Research on the role of identity in choice varies widely across fields like psychology, philosophy, consumer behavior, and economics, in both the key questions addressed and the methods of investigation. Although a large literature has established how salient aspects of identity affect attitudes...
Persistent link: https://www.econbiz.de/10014035239
A one-year longitudinal study was conducted to investigate the accuracy of people’s assessments of their own personal change over time. We compared people’s predicted, actual, and recalled change in their personality, values, and preferences over this time period. On average, participants...
Persistent link: https://www.econbiz.de/10014129401
Personal identity is an important determinant of behavior, yet how people mentally represent their self-concept is not well understood. In the studies reported in this paper, we examine the age-old question of what makes us who we are. We propose a novel approach to identity which suggests that...
Persistent link: https://www.econbiz.de/10014129402
Research on the role of identity in choice varies widely across fields like psychology, philosophy, consumer behavior, and economics, in both the key questions addressed and the methods of investigation. Although a large literature has established how salient aspects of identity affect attitudes...
Persistent link: https://www.econbiz.de/10014133680