Less Is Core: Consumer Debt Repayment and the Budget Constraint Paradox
How does financial constraint affect debt repayment behavior? Using a sample of indebted consumers, we find that higher levels of financial constraint are predictive of meeting both short-term financial goals and the long-term goal of paying off debt. Paradoxically, consumers with less money are more likely to repay their debts.
Russel Nelson, Mary Celsi, Mary Gilly, and Stephanie Dellande (2014) ,"Less Is Core: Consumer Debt Repayment and the Budget Constraint Paradox", in NA - Advances in Consumer Research Volume 42, eds. June Cotte, Stacy Wood, and , Duluth, MN : Association for Consumer Research, Pages: 622-623.
Russel Nelson, University of California, Irvine, USA
Mary Celsi, California State University, Long Beach, USA
Mary Gilly, University of California, Irvine, USA
Stephanie Dellande, Menlo College, USA
NA - Advances in Consumer Research Volume 42 | 2014
Ecce Machina Humana: Examining Competence and Warmth in Consumer Robots The two fundamental social judgment dimensions-competence and warmth-are as relevant for judging consumer robots as for humans. We find that competence has an increasing positive eff
P12. Disclosure of Project Risk in Crowdfunding
Jooyoung Park, Peking University
KEONGTAE KIM, Chinese University of Hong Kong, China
Family Consumption Experiences Across Generations
Tandy Chalmers Thomas, Queens University, Canada
Linda L Price, University of Oregon, USA