We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and aim to mitigate it. Using a novel method to measure...

Self-attribution bias is a long-standing concept in psychology research and refers to individuals' tendency to attribute successes to personal skills and failures to factors beyond their control. Recently, this bias is also being studied in household finance research and is considered to...

Using a novel panel data set for half a million customers of a large Mexican retail chain I study determinants of consumer credit default. I document that information about which products a customer buys provides substantial information about potential default losses on a given loan. Differences...

This paper is mainly focused on analyzing the impact of four advertising appeals, namely love appeal, humor appeal, happiness appeal and excitement appeal on purchase intention for women fashion products in Malaysia. Primary data were collected from 303 respondents using self-administered online...

We develop a model in which novelty and conformity motivate fashion behavior. Fashion cycles occur if conformity is not too high. The duration of fashion cycles depends on individual-specific conformity, novelty, and the number of available styles. The use of individual-specific novelty and...

This manuscript presents a theoretical cognitive game approach to analyze the potential behavior of consumers as a reaction to a government bailout plan at times of big recessions.The research found that the win-win situation is only achieved when consumers trust the government policy to expand...

This research paper mainly aims to identify and analyse irrational factors that impact consumers' purchase intention, especially in the fashion industry. The data for this study were collected from 205 consumers of various nationalities via an online self-administered questionnaire. The acquired...

I study the impact of a universal child benefit on fertility and family well-being. I exploit the unanticipated introduction of a new, sizeable, unconditional child benefit in Spain in 2007, granted to all mothers giving birth on or after July 1, 2007. The regression discontinuity-type design...

Household appliances represent significant load demand within the domestic electricity market, and therefore present considerable challenges for grid managers, specifically during peak demand periods. This paper presents the results of a statistically representative study of Irish households,...

Islamic banking industries have more than 38 million customers globally and in Malaysia, the 5 years Compounded Annual Growth Rate (CAGR) is 20% or 2.1 times faster than conventional. The growth in Islamic banking in Malaysia has contributed successfully; that makes the country become a...