Psychological Factors in Savings and Decumulation Decisions
We present four studies designed to better understand decumulation decisions, including Social Security claiming, by manipulating framing of life expectations judgments as well as by measuring individual differences in loss aversion, intertemporal patience, and perceived ownership. Life expectations predict decumulation intentions more strongly when collected in a live-to frame.
Suzanne Shu and John Payne (2015) ,"Psychological Factors in Savings and Decumulation Decisions", in NA - Advances in Consumer Research Volume 43, eds. Kristin Diehl , Carolyn Yoon, and , Duluth, MN : Association for Consumer Research, Pages: 136-141.
Suzanne Shu, University of California Los Angeles, USA
John Payne, Duke University, USA
NA - Advances in Consumer Research Volume 43 | 2015
Andrea Lucarelli, Lund University
Gregorio Fuschillo, Kedge Business School
Jon Bertilsson, Lund University
I5. Take That Mirror Away From me! Clothing Consumption by the Elderly and the Self-identity of the Young
Daniela Ferreira, Federal University of Rio de Janeiro
“A Tale of Two Secrets”: Examining the Diverging Effects of Secrecy on Consumption Enjoyment
Xiaojing Yang, University of Wisconsin - Milwaukee, USA
Xiaoyan Deng, Ohio State University, USA
Lei Jia, Ohio State University, USA