Summary: Different shapes of individual subjective discount functions were compared using real measures of willingness to accept future monetary outcomes in an experiment. The two-parameter hyperbolic discount function described the data better than three ...

Summary: The article investigates specific affective reactions to social comparison outcomes within the framework of the contrast-empathy model (, ). One hundred and one participants received vignettes that described social income ...

Summary: A study is described of the risk management strategies employed by consumers who have made a purchase by credit. Realistic scenarios involving the purchase of consumer durables were used and adults with a variety of occupations and a range of ...

Summary: Survey and interview studies have identified the existence of a number of systems of financial organization in marriage, but their origins remain a mystery. One possibility is that people develop normative beliefs that are carried forward into ...

Summary: Three studies investigated inheritances. The first, a content analysis of 248 consecutive wills probated in Christchurch, indicated that people predominantly distribute their estates within their families, often to their spouse or equally among ...

Summary: This article examines whether there is a connection between the attitudes of traders in the foreign exchange market and their expectations of future exchange rate developments. A psychological understanding of expectations is contrasted to the ...

Summary: This article investigates cross-country differences in economic growth rates from a psychological perspective. Based on social capital theory it is argued that 1) financial honesty and trust are positively correlated with each other when they are ...

Summary: Two studies tested the opposite predictions of reactance and dissonance theory with regard to the responses of the Germans to the introduction of the Euro. Reactance theory predicts that persons who are convinced that the Euro will replace the DM ...