{"product_id":"economic-psychology-isbn-9781118926345","title":"Economic Psychology","description":"\u003cp\u003e\u003cb\u003eA comprehensive overview of contemporary economic psychology\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEconomic Psychology\u003c\/i\u003e presents an accessible overview of contemporary economic psychology. The science of economic mental life and behavior is increasingly relevant as people are expected to take more responsibility for their household and personal economic decisions. The text will, in addition to reviewing current knowledge on each topic presented, consider the practical and policy implications for supporting economic decision making. \u003ci\u003eEconomic Psychology\u003c\/i\u003e examines the central aspects of adult decision making in everyday life and includes the theories of economic decision making based on risk, value and affect, and theories of intertemporal choice. The text reviews the nature and behavioral consequences of economic mental representations about such things as material possessions, money and the economy. \u003c\/p\u003e \u003cp\u003eThe editor Robert Ranyard—a noted expert on economic psychology—presents a life-span developmental approach, from childhood to old age. He also reviews the important societal issues such as charitable giving and economic sustainability. This vital resource:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eReviews the economic psychology in everyday life including financial behaviour such as saving and tax-paying and matters such as entrepreneurial activity\u003c\/li\u003e \u003cli\u003eOffers an introduction to the field and traces the emergence of the discipline, from Adam Smith to George Katona and Herbert Simon\u003c\/li\u003e \u003cli\u003eIncludes information on societal issues such as charitable giving and pro-environmental behaviour\u003c\/li\u003e \u003cli\u003eConsiders broader perspectives on economic psychology: life-span psychological development from childhood to old age\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten for students of psychology, \u003ci\u003eEconomic Psychology \u003c\/i\u003ereviews the most important information on contemporary economic psychology with a focus on individual and household economic decision making, ranging widely across financial matters such as borrowing and saving, and economic activities such as buying, trading, and working. \u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eNotes on Contributors xvii\u003c\/p\u003e \u003cp\u003eAcknowledgements xxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART 1 Fundamentals 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Introduction to Economic Psychology: The Science of Economic Mental Life and Behaviour 3\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRob Ranyard and Vera Rita de Mello Ferreira\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e1.1 Introduction 4\u003c\/p\u003e \u003cp\u003e1.2 The emergence of the discipline 5\u003c\/p\u003e \u003cp\u003e1.3 Research methods 10\u003c\/p\u003e \u003cp\u003e1.4 Economic mental representations 11\u003c\/p\u003e \u003cp\u003e1.5 Financial behaviour and economic activity 12\u003c\/p\u003e \u003cp\u003e1.6 Life-span perspectives 13\u003c\/p\u003e \u003cp\u003e1.7 Economic psychology and society 14\u003c\/p\u003e \u003cp\u003e1.8 Summary 16\u003c\/p\u003e \u003cp\u003eNote 16\u003c\/p\u003e \u003cp\u003eReview questions 16\u003c\/p\u003e \u003cp\u003eReferences 16\u003c\/p\u003e \u003cp\u003eFurther reading 18\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Theories of Economic Decision-Making: Value, Risk and Affect 19\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAnton Kühberger and Michael Schulte-Mecklenbeck\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction 20\u003c\/p\u003e \u003cp\u003e2.2 Value and utility 20\u003c\/p\u003e \u003cp\u003e2.3 Risk and uncertainty 22\u003c\/p\u003e \u003cp\u003e2.4 Developments based on Subjectively Expected Utility (SEU) 23\u003c\/p\u003e \u003cp\u003e2.5 B eyond Utility-Based Theories 25\u003c\/p\u003e \u003cp\u003e2.6 Hot Decisions 27\u003c\/p\u003e \u003cp\u003e2.7 Summary 31\u003c\/p\u003e \u003cp\u003eReview Questions 31\u003c\/p\u003e \u003cp\u003eReferences 31\u003c\/p\u003e \u003cp\u003eFurther Reading 34\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Future-Oriented Decisions: Intertemporal Choice 35\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDaniel Read and Marc Scholten\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e3.1 Introduction 36\u003c\/p\u003e \u003cp\u003e3.2 Rational Intertemporal Choice 36\u003c\/p\u003e \u003cp\u003e3.3 A nomalies in Intertemporal Choice 38\u003c\/p\u003e \u003cp\u003e3.4 E xplaining Anomalies 41\u003c\/p\u003e \u003cp\u003e3.5 Framing Effects 42\u003c\/p\u003e \u003cp\u003e3.6 What Do We Care About When We Measure Intertemporal Choice? 44\u003c\/p\u003e \u003cp\u003e3.7 Summary 45\u003c\/p\u003e \u003cp\u003eNotes 46\u003c\/p\u003e \u003cp\u003eReview Questions 46\u003c\/p\u003e \u003cp\u003eReferences 47\u003c\/p\u003e \u003cp\u003eFurther Reading 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 Research Methods 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Research Methods for Economic Psychology 53\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eGerrit Antonides\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction 54\u003c\/p\u003e \u003cp\u003e4.2 Q ualitative Methods 55\u003c\/p\u003e \u003cp\u003e4.3 Q uantitative Methods 58\u003c\/p\u003e \u003cp\u003e4.4 Conclusion 63\u003c\/p\u003e \u003cp\u003e4.5 Summary 64\u003c\/p\u003e \u003cp\u003eReview Questions 64\u003c\/p\u003e \u003cp\u003eReferences 64\u003c\/p\u003e \u003cp\u003eFurther Reading 68\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Assessing Psychological Dispositions and States that Can Influence Economic Behaviour 69\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eSimon McNair and W. Ray Crozier\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction 70\u003c\/p\u003e \u003cp\u003e5.2 Psychological Dispositions and Economic Behaviour 71\u003c\/p\u003e \u003cp\u003e5.3 Psychological States and Economic Behaviour 76\u003c\/p\u003e \u003cp\u003e5.4 Methodological Issues in Assessing Dispositions and States 81\u003c\/p\u003e \u003cp\u003e5.5 Summary 82\u003c\/p\u003e \u003cp\u003eNotes 83\u003c\/p\u003e \u003cp\u003eReview Questions 83\u003c\/p\u003e \u003cp\u003eReferences 83\u003c\/p\u003e \u003cp\u003eFurther Reading 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Developing, Evaluating, and Using Subjective Scales of Personality, Preferences, and Well-Being: A Guide to Psychometrics for Psychologists and Economists 88\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAlex M. Wood and Christopher J. Boyce\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e6.1 Introduction 89\u003c\/p\u003e \u003cp\u003e6.2 The Importance of Psychometrics for Economic\u003c\/p\u003e \u003cp\u003ePsychology Research 89\u003c\/p\u003e \u003cp\u003e6.3 S teps in Developing a Scale 91\u003c\/p\u003e \u003cp\u003e6.4 Other Steps and Conclusion 100\u003c\/p\u003e \u003cp\u003e6.5 Summary 100\u003c\/p\u003e \u003cp\u003eNote 100\u003c\/p\u003e \u003cp\u003eReview Questions 101\u003c\/p\u003e \u003cp\u003eReferences 101\u003c\/p\u003e \u003cp\u003eFurther Reading 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 E conomic Mental Representations 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Psychological Meaning of Money 107\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eTomasz Zaleskiewicz, Agata Gasiorowska and Kathleen D. Vohs\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e7.1 Introduction 108\u003c\/p\u003e \u003cp\u003e7.2 Money: Economic and Psychological Perspectives 108\u003c\/p\u003e \u003cp\u003e7.3 Predictions 109\u003c\/p\u003e \u003cp\u003e7.4 The Method of Money Priming: Akin to Getting a Taste of Big Money 111\u003c\/p\u003e \u003cp\u003e7.5 Results 112\u003c\/p\u003e \u003cp\u003e7.6 Summary 118\u003c\/p\u003e \u003cp\u003eAcknowledgements 118\u003c\/p\u003e \u003cp\u003eReview questions 118\u003c\/p\u003e \u003cp\u003eReferences 119\u003c\/p\u003e \u003cp\u003eFurther Reading 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Mental Accounting and Economic Behaviour 123\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eGerrit Antonides and Rob Ranyard\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e8.1 Introduction 124\u003c\/p\u003e \u003cp\u003e8.2 B road Mental Accounts 124\u003c\/p\u003e \u003cp\u003e8.3 Mental Accounts for Specific Financial Decisions 126\u003c\/p\u003e \u003cp\u003e8.4 Other Categorizations of Money 127\u003c\/p\u003e \u003cp\u003e8.5 Functions of Mental Accounts 129\u003c\/p\u003e \u003cp\u003e8.6 D eterminants of Mental Accounting 133\u003c\/p\u003e \u003cp\u003e8.7 Conclusion 134\u003c\/p\u003e \u003cp\u003e8.8 Summary 135\u003c\/p\u003e \u003cp\u003eReview Questions 135\u003c\/p\u003e \u003cp\u003eReferences 136\u003c\/p\u003e \u003cp\u003eFurther Reading 138\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 How Laypeople Understand the Economy 139\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid Leiser and Zeev Krill\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e9.1 Introduction: Understanding Economics Is Hard Yet Expected 140\u003c\/p\u003e \u003cp\u003e9.2 Interacting Variables 143\u003c\/p\u003e \u003cp\u003e9.3 U sing Metaphors 147\u003c\/p\u003e \u003cp\u003e9.4 Financial Literacy 149\u003c\/p\u003e \u003cp\u003e9.5 Summary 150\u003c\/p\u003e \u003cp\u003eReview Questions 151\u003c\/p\u003e \u003cp\u003eReferences 151\u003c\/p\u003e \u003cp\u003eFurther Reading 154\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 The Citizen’s Judgements of Prices and Inflation 155\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRob Ranyard, Fabio Del Missier, Nicolao Bonini and Davide Pietroni\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e10.1 Introduction 156\u003c\/p\u003e \u003cp\u003e10.2 Price Evaluation 156\u003c\/p\u003e \u003cp\u003e10.3 Inflation 161\u003c\/p\u003e \u003cp\u003e10.4 Policy Implications 165\u003c\/p\u003e \u003cp\u003e10.5 Summary 166\u003c\/p\u003e \u003cp\u003eNotes 166\u003c\/p\u003e \u003cp\u003eReview Questions 167\u003c\/p\u003e \u003cp\u003eReferences 167\u003c\/p\u003e \u003cp\u003eFurther Reading 170\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Materialism and the Meanings of Possessions 171\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eW. Ray Crozier\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e11.1 Introduction: The Socio-Economic Context of Possessions and Materialism 172\u003c\/p\u003e \u003cp\u003e11.2 The Psychological Meanings of Possessions 173\u003c\/p\u003e \u003cp\u003e11.3 Psychological Aspects of Materialism 176\u003c\/p\u003e \u003cp\u003e11.4 Materialism and Subjective Well-Being 178\u003c\/p\u003e \u003cp\u003e11.5 Summary 182\u003c\/p\u003e \u003cp\u003eNotes 183\u003c\/p\u003e \u003cp\u003eReview Questions 183\u003c\/p\u003e \u003cp\u003eReferences 183\u003c\/p\u003e \u003cp\u003eFurther Reading 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Financial Behaviour 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Defining and Influencing Financial Capability 189\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eIvo Vlaev and Antony Elliott\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e12.1 Introduction 190\u003c\/p\u003e \u003cp\u003e12.2 A New Conceptualization of Financial Capability 190\u003c\/p\u003e \u003cp\u003e12.3 Ways to Influence Financial Capability 196\u003c\/p\u003e \u003cp\u003e12.4 Conclusion 202\u003c\/p\u003e \u003cp\u003e12.5 Summary 202\u003c\/p\u003e \u003cp\u003eNotes 202\u003c\/p\u003e \u003cp\u003eReview Questions 203\u003c\/p\u003e \u003cp\u003eReferences 203\u003c\/p\u003e \u003cp\u003eFurther Reading 205\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Saving Behaviour: Economic and Psychological Approaches 206\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eEllen K. Nyhus\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e13.1 Introduction 207\u003c\/p\u003e \u003cp\u003e13.2 E conomic Perspectives 209\u003c\/p\u003e \u003cp\u003e13.3 Psychological Approaches 211\u003c\/p\u003e \u003cp\u003e13.4 Summary 217\u003c\/p\u003e \u003cp\u003eReview Questions 218\u003c\/p\u003e \u003cp\u003eReferences 218\u003c\/p\u003e \u003cp\u003eFurther Reading 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 The Psychology of Borrowing and Over-Indebtedness 222\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRob Ranyard, Sandie McHugh and Simon McNair\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e14.1 Introduction 223\u003c\/p\u003e \u003cp\u003e14.2 D eterminants of Borrowing 224\u003c\/p\u003e \u003cp\u003e14.3 Credit Choice Processes 225\u003c\/p\u003e \u003cp\u003e14.4 Repayment Strategies 228\u003c\/p\u003e \u003cp\u003e14.5 Routes to Over-Indebtedness 229\u003c\/p\u003e \u003cp\u003e14.6 Psychological Consequences of Debt 230\u003c\/p\u003e \u003cp\u003e14.7 Policy Implications 231\u003c\/p\u003e \u003cp\u003e14.8 Summary 233\u003c\/p\u003e \u003cp\u003eReview Questions 234\u003c\/p\u003e \u003cp\u003eReferences 234\u003c\/p\u003e \u003cp\u003eFurther Reading 238\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Behaviour in Financial Markets 239\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMartin Hedesström\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e15.1 Introduction 240\u003c\/p\u003e \u003cp\u003e15.2 D o Stocks Always Trade at the ‘Right’ Price? 240\u003c\/p\u003e \u003cp\u003e15.3 Cognitive Influences on Investor Behaviour 242\u003c\/p\u003e \u003cp\u003e15.4 E motional Influences 246\u003c\/p\u003e \u003cp\u003e15.5 S ocial Influences 248\u003c\/p\u003e \u003cp\u003e15.6 Policy Implications 250\u003c\/p\u003e \u003cp\u003e15.7 Summary 250\u003c\/p\u003e \u003cp\u003eReview Questions 250\u003c\/p\u003e \u003cp\u003eReferences 251\u003c\/p\u003e \u003cp\u003eFurther Reading 254\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Tax Behaviour 255\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eErich Kirchler and Erik Hoelzl\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e16.1 Introduction 256\u003c\/p\u003e \u003cp\u003e16.2 Taxes and Tax Compliance 256\u003c\/p\u003e \u003cp\u003e16.3 Tax Attitudes by Individual Taxpayers 258\u003c\/p\u003e \u003cp\u003e16.4 Profit Shifting and Aggressive Tax Planning by Companies 260\u003c\/p\u003e \u003cp\u003e16.5 Regulation Strategies by Tax Authorities 261\u003c\/p\u003e \u003cp\u003e16.6 Interaction Climates Between Taxpayers and Tax Authorities 264\u003c\/p\u003e \u003cp\u003e16.7 Practical Implications 267\u003c\/p\u003e \u003cp\u003e16.8 Summary 268\u003c\/p\u003e \u003cp\u003eReview Questions 268\u003c\/p\u003e \u003cp\u003eReferences 268\u003c\/p\u003e \u003cp\u003eFurther Reading 271\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART 5 E conomic Activity 273\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Volunteer Organizations: Motivating with Awards 275\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eBruno S. Frey and Jana Gallus\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e17.1 Introduction 276\u003c\/p\u003e \u003cp\u003e17.2 Organizational Forms 276\u003c\/p\u003e \u003cp\u003e17.3 A wards as Motivation 279\u003c\/p\u003e \u003cp\u003e17.4 Conditions for Successfully Giving Awards to Volunteers 282\u003c\/p\u003e \u003cp\u003e17.5 E ffects Of Awards on Performance 284\u003c\/p\u003e \u003cp\u003e17.6 Summary 285\u003c\/p\u003e \u003cp\u003eReview Questions 285\u003c\/p\u003e \u003cp\u003eReferences 285\u003c\/p\u003e \u003cp\u003eFurther Reading 286\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Entrepreneurial Activity 287\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eArtur Domurat and Tadeusz Tyszka\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e18.1 Introduction 288\u003c\/p\u003e \u003cp\u003e18.2 E nvironmental Factors and Entrepreneurship 289\u003c\/p\u003e \u003cp\u003e18.3 Reasons for Engaging in Entrepreneurial Activity 290\u003c\/p\u003e \u003cp\u003e18.4 Personality Characteristics of Entrepreneurs 292\u003c\/p\u003e \u003cp\u003e18.5 Psychological Traps in Entrepreneurship 296\u003c\/p\u003e \u003cp\u003e18.6 Teaching Entrepreneurship 297\u003c\/p\u003e \u003cp\u003e18.7 Summary 299\u003c\/p\u003e \u003cp\u003eReview Questions 300\u003c\/p\u003e \u003cp\u003eReferences 300\u003c\/p\u003e \u003cp\u003eFurther Reading 303\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 The Economic Psychology of Gambling 304\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJuemin Xu and Nigel Harvey\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e19.1 Introduction 305\u003c\/p\u003e \u003cp\u003e19.2 Lotteries 305\u003c\/p\u003e \u003cp\u003e19.3 S cratch Cards 307\u003c\/p\u003e \u003cp\u003e19.4 Roulette 307\u003c\/p\u003e \u003cp\u003e19.5 Fruit Machines 309\u003c\/p\u003e \u003cp\u003e19.6 S ports Betting 309\u003c\/p\u003e \u003cp\u003e19.7 Card Games 311\u003c\/p\u003e \u003cp\u003e19.8 Problem Gambling 312\u003c\/p\u003e \u003cp\u003e19.9 Summary 314\u003c\/p\u003e \u003cp\u003eReview Questions 314\u003c\/p\u003e \u003cp\u003eReferences 314\u003c\/p\u003e \u003cp\u003eFurther Reading 318\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART 6 Life-Span Perspectives 319\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Economic Socialization: Childhood, Adolescence, and Early Adulthood 321\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAnnette Otto and Joyce Serido\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e20.1 Introduction 322\u003c\/p\u003e \u003cp\u003e20.2 A Contextual Framework for Economic Behaviour Development 322\u003c\/p\u003e \u003cp\u003e20.3 The Role of Parents in Economic Socialization 325\u003c\/p\u003e \u003cp\u003e20.4 The Study of Economic Behaviour Development From Childhood Through Early Adulthood 327\u003c\/p\u003e \u003cp\u003e20.5 Summary 331\u003c\/p\u003e \u003cp\u003eReview Questions 331\u003c\/p\u003e \u003cp\u003eReferences 331\u003c\/p\u003e \u003cp\u003eFurther Reading 336\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21 Childhood Psychological Predictors of Lifelong Economic Outcomes 337\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMark Egan, Michael Daly, and Liam Delaney\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e21.1 Introduction 338\u003c\/p\u003e \u003cp\u003e21.2 Literature Review 338\u003c\/p\u003e \u003cp\u003e21.3 Lifecourse Perspective 344\u003c\/p\u003e \u003cp\u003e21.4 Methodological Challenges 346\u003c\/p\u003e \u003cp\u003e21.5 Policy Implications 348\u003c\/p\u003e \u003cp\u003e21.6 Conclusion 349\u003c\/p\u003e \u003cp\u003e21.7 Summary 349\u003c\/p\u003e \u003cp\u003eNotes 350\u003c\/p\u003e \u003cp\u003eReview Questions 350\u003c\/p\u003e \u003cp\u003eReferences 350\u003c\/p\u003e \u003cp\u003eFurther Reading 353\u003c\/p\u003e \u003cp\u003eChapter 22 The Economic Psychology of Financial Decision-Making and Money Management in the \u003cb\u003eHousehold 354\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eStefanie J. Sonnenberg\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e22.1 Introduction 355\u003c\/p\u003e \u003cp\u003e22.2 Financial Decision-Making in the Household 356\u003c\/p\u003e \u003cp\u003e22.3 Household Money Management 361\u003c\/p\u003e \u003cp\u003e22.4 Conclusion 366\u003c\/p\u003e \u003cp\u003e22.5 Summary 367\u003c\/p\u003e \u003cp\u003eNotes 368\u003c\/p\u003e \u003cp\u003eReview Questions 368\u003c\/p\u003e \u003cp\u003eReferences 368\u003c\/p\u003e \u003cp\u003eFurther Reading 370\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23 Ageing and Economic Decision-Making 371\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eWändi Bruine De Bruin\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e23.1 Introduction 372\u003c\/p\u003e \u003cp\u003e23.2 The Role of Cognitive Deliberation in Decision Making 372\u003c\/p\u003e \u003cp\u003e23.3 The Role of Experience-Based Knowledge in Decision-Making 373\u003c\/p\u003e \u003cp\u003e23.4 The Role of Emotions in Decision-Making 374\u003c\/p\u003e \u003cp\u003e23.5 The Role of Motivation and Strategies in Decision-Making 375\u003c\/p\u003e \u003cp\u003e23.6 Interventions 376\u003c\/p\u003e \u003cp\u003e23.7 D irections for Future Research 378\u003c\/p\u003e \u003cp\u003e23.8 Summary 380\u003c\/p\u003e \u003cp\u003eAcknowledgements 380\u003c\/p\u003e \u003cp\u003eReview Questions 381\u003c\/p\u003e \u003cp\u003eReferences 381\u003c\/p\u003e \u003cp\u003eFurther Reading 386\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 7 Economic Psychology and Society 387\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24 Psychological Determinants of Charitable Giving 389\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eTehila Kogut and Ilana Ritov\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e24.1 Introduction 390\u003c\/p\u003e \u003cp\u003e24.2 D onation Decisions: Costs and Rewards 390\u003c\/p\u003e \u003cp\u003e24.3 Causes that Elicit More Help 391\u003c\/p\u003e \u003cp\u003e24.4 S pecific Individuals in Need 393\u003c\/p\u003e \u003cp\u003e24.5 E ffectiveness and Impact 395\u003c\/p\u003e \u003cp\u003e24.6 Who Helps – and When? 396\u003c\/p\u003e \u003cp\u003e24.7 Main Research Methods in the Study of Charitable Giving 398\u003c\/p\u003e \u003cp\u003e24.8 Future Research Directions 399\u003c\/p\u003e \u003cp\u003e24.9 Summary 400\u003c\/p\u003e \u003cp\u003eReview Questions 400\u003c\/p\u003e \u003cp\u003eReferences 400\u003c\/p\u003e \u003cp\u003eFurther Reading 404\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 25 Life Satisfaction and Emotional Well-Being: Psychological, Economic and Social Factors 405\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eTommy Gärling and Amelie Gamble\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e25.1 Introduction 406\u003c\/p\u003e \u003cp\u003e25.2 Views of Well-Being in Economics and Psychology 406\u003c\/p\u003e \u003cp\u003e25.3 Measurement of Subjective Well-Being 407\u003c\/p\u003e \u003cp\u003e25.4 Factors Influencing Subjective Well-Being 409\u003c\/p\u003e \u003cp\u003e25.5 Consequences of Subjective Well-Being 415\u003c\/p\u003e \u003cp\u003e25.6 Summary 417\u003c\/p\u003e \u003cp\u003eReview Questions 417\u003c\/p\u003e \u003cp\u003eReferences 417\u003c\/p\u003e \u003cp\u003eFurther Reading 420\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 26 Living in Poverty: Understanding the Financial Behaviour of Vulnerable Groups 421\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eCäzilia Loibl\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e26.1 Introduction 422\u003c\/p\u003e \u003cp\u003e26.2 D efinition of Poverty 422\u003c\/p\u003e \u003cp\u003e26.3 Characteristics of Financial Behaviours 423\u003c\/p\u003e \u003cp\u003e26.4 Vulnerable Population Groups 427\u003c\/p\u003e \u003cp\u003e26.5 Policy Implications 431\u003c\/p\u003e \u003cp\u003e26.6 Summary 431\u003c\/p\u003e \u003cp\u003eReview Questions 431\u003c\/p\u003e \u003cp\u003eReferences 432\u003c\/p\u003e \u003cp\u003eFurther Reading 434\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 27 Economic Psychology and Pro-Environmental Behaviour 435\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMichel Handgraaf, Anouk Griffioen, Jan Willem Bolderdijkand John Thøgersen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e27.1 Introduction 436\u003c\/p\u003e \u003cp\u003e27.2 B ounded Rationality 437\u003c\/p\u003e \u003cp\u003e27.3 The Environment as a Social Dilemma 441\u003c\/p\u003e \u003cp\u003e27.4 Conclusion 444\u003c\/p\u003e \u003cp\u003e27.5 Summary 445\u003c\/p\u003e \u003cp\u003eReview Questions 446\u003c\/p\u003e \u003cp\u003eReferences 446\u003c\/p\u003e \u003cp\u003eFurther Reading 450\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 28 Insurance Behaviour and Society 451\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRob Ranyard, John K. Ashton and Bill Hebenton\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e28.1 Introduction 452\u003c\/p\u003e \u003cp\u003e28.2 Insurance as Risk Protection 452\u003c\/p\u003e \u003cp\u003e28.3 Mis-Selling 456\u003c\/p\u003e \u003cp\u003e28.4 Insurance Fraud 459\u003c\/p\u003e \u003cp\u003e28.5 Summary 462\u003c\/p\u003e \u003cp\u003eNotes 463\u003c\/p\u003e \u003cp\u003eReview Questions 463\u003c\/p\u003e \u003cp\u003eReferences 463\u003c\/p\u003e \u003cp\u003eFurther Reading 467\u003c\/p\u003e \u003cp\u003eIndex 469\u003c\/p\u003e   \u003cp\u003e\u003cb\u003e ROB RANYARD\u003c\/b\u003e is a freelance researcher and Visiting Professor affiliated to the Centre for Decision Research, University of Leeds, UK. He is the editor of \u003ci\u003eA Handbook of Process Tracing Methods for Decision Research\u003c\/i\u003e (2011) and has publishing articles in journals including \u003ci\u003eThe Journal of Economic Psychology.\u003c\/i\u003e He is a well-known figure in the field, previously serving as treasurer of the International Association for Research in Economic Psychology (IAREP) and currently being the IAREP country representative for the UK.      \u003c\/p\u003e\u003cp\u003e\u003cb\u003e A comprehensive overview of contemporary economic psychology \u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\u003ci\u003e Economic Psychology\u003c\/i\u003e presents an accessible overview of contemporary economic psychology. The science of economic mental life and behavior is increasingly relevant as people are expected to take more responsibility for their household and personal economic decisions. The text will, in addition to reviewing current knowledge on each topic presented, consider the practical and policy implications for supporting economic decision making. \u003ci\u003eEconomic Psychology\u003c\/i\u003e examines central aspects of adult decision making in everyday life and reviews the theories of economic decision making based on risk, value and affect, and theories of intertemporal choice. The text reviews the nature and behavioral consequences of economic mental representations about such things as material possessions, money and the economy.   \u003c\/p\u003e\u003cp\u003e The editor Rob Ranyard—a noted expert on economic psychology—presents a life-span developmental approach, from childhood to old age. He also reviews important societal issues such as charitable giving and pro-environmental behaviour. This vital resource:   \u003c\/p\u003e\u003cul\u003e \u003cli\u003eReviews the economic psychology in everyday life including financial behaviour such as saving and tax-paying and matters such as entrepreneurial activity\u003c\/li\u003e \u003cli\u003eOffers an introduction to the field and traces the emergence of the discipline, from Adam Smith to George Katona and Herbert Simon\u003c\/li\u003e \u003cli\u003eIncludes an overview of research methods for economic psychology\u003c\/li\u003e \u003cli\u003eConsiders broader perspectives on economic psychology: life-span psychological development from childhood to old age; societal issues such as poverty and insurance\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003e  \u003cp\u003e Written for students of psychology, \u003ci\u003eEconomic Psychology\u003c\/i\u003e reviews the most important contemporary economic psychology with a focus on individual and household economic decision making, ranging widely across financial matters such as borrowing and saving, and economic activities such as gambling, trading, and volunteering.\u003c\/p\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47989101691109,"sku":"NP9781118926345","price":47.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118926345.jpg?v=1761782801","url":"https:\/\/k12savings.com\/es\/products\/economic-psychology-isbn-9781118926345","provider":"K12savings","version":"1.0","type":"link"}