首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Mental discounting and financial strategies
Authors:Richard Wahlund  Jonas Gunnarsson
Institution:The Foundation for Distribution Research, Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, S-113 83, Stockholm, Sweden
Abstract:Subjective discount rates have been used as measures of time preference to explain saving behavior, with varying results. There is also a lack of agreement between different explanatory models of subjective discount rates. In this paper, it is argued that a better understanding of subjective discount rates can be reached by using groups with different financial strategies as domains. It is shown by PLS and regression analyses that the mental discounting process differs between groups practicing different financial strategies and that the explained variance of subjective discount rates and thus the understanding of such rates are improved by using financial strategy groups as domains.
Keywords:PsycINFO classification: 3900  2340
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号