This research note empirically investigates whether cash can prevent consumers from making needless purchases in … unexpected shopping situations. Cash can have a disciplinary effect on short-term consumption because it imposes a strong … subsequently being declared unnecessary is significantly lower when the consumer had paid the transaction in cash. The results are …

This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at … the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such … being settled in cash declines significantly as the amount of cash available at one’s disposal decreases. This indicates …