Are Individuals in China Prone to Money Illusion?
| العنوان: | Are Individuals in China Prone to Money Illusion? |
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| المؤلفون: | Heleen Mees, Philip Hans Franses |
| المساهمون: | Economics, Econometrics |
| المصدر: | Journal of Socio-economics, 51, 38-46. Elsevier Inc. |
| بيانات النشر: | Elsevier Inc., 2014. |
| سنة النشر: | 2014 |
| مصطلحات موضوعية: | Economics and Econometrics, media_common.quotation_subject, General Social Sciences, Sample (statistics), Behavioral economics, Monetary value, Economics, Money illusion, Happiness, China, Social psychology, Database transaction, Applied Psychology, media_common |
| الوصف: | We replicate the landmark study of Shafir, Diamond and Tversky (1997) to examine whether individuals in China are prone to money illusion. We find that money illusion is prevalent in China as well. Respondents in the Chinese sample are often somewhat more likely to base decisions on the real monetary value of economic transactions compared to respondents in the U.S. sample. If asked explicitly to evaluate a transaction in terms of happiness or satisfaction instead of economic terms, money illusion among respondents in the Chinese sample is comparable to money illusion among respondents in the U.S. sample. |
| اللغة: | English |
| تدمد: | 2214-8051 2214-8043 1053-5357 |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::cab3167b27c0f88f0fb84eff6ebda468Test https://doi.org/10.1016/j.socec.2014.03.003Test |
| حقوق: | CLOSED |
| رقم الانضمام: | edsair.doi.dedup.....cab3167b27c0f88f0fb84eff6ebda468 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 22148051 22148043 10535357 |
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