When a gain becomes a loss: The effect of wealth predictions on financial decisions

When people make financial decisions, they need not only think about their current financial situation, but also about changes in future wealth. This work investigates people's beliefs about their future wealth and how these beliefs impact financial decisions. Using a joint experimental and com...

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Bibliographic Details
Main Authors: Sussman, A.B (Author), Trueblood, J.S (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2021
Subjects:
Online Access:View Fulltext in Publisher