search query: @indexterm SPENDING PATTERNS / total: 36
reference: 5 / 36
Author: | Epley, N. Mak, D. Idson, L.C. |
Title: | Bonus or rebate?: The impact of income framing on spending and saving |
Journal: | British Journal of Industrial Relations
2006 : JUL, VOL. 19:3, p. 213-227 |
Index terms: | incomes savings spending patterns wealth |
Language: | eng |
Abstract: | This paper discusses how all income increases a person's absolute wealth, but consumption decisions may be based more heavily on perceived changes in wealth. Change is computed by comparing a current state with a former state, and the authors predicted that people would be more likely to spend income framed as a gain from a current wealth state than income framed as a return to prior state. |
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