Neural mechanisms of credit card spending

Abstract Credit cards have often been blamed for consumer overspending and for the growth in household debt. Indeed, laboratory studies of purchase behavior have shown that credit cards can facilitate spending in ways that are difficult to justify on purely financial grounds. However, the psychologi...

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Bibliographic Details
Main Authors: Sachin Banker, Derek Dunfield, Alex Huang, Drazen Prelec
Format: Article
Language:English
Published: Nature Publishing Group 2021-02-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-021-83488-3