Construct · 1 fields · 1 citations

behavioral life-cycle hypothesis: a standalone construct

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Behavioral economics

a version of the life-cycle saving model that adds self-control problems, mental accounts and framing to explain how people save.

In behavioral economics, behavioral life-cycle hypothesis refers to a version of the life-cycle saving model that adds self-control problems, mental accounts and framing to explain how people save. This meaning comes from Shefrin (1988) in Economic Inquiry.[1]

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accounts1 fields · 1 citationsanchor · a standalone construct framing4 fields · 8 citationsjingle · one name, four constructs hypothesis2 fields · 2 citationsjingle · one word, two constructs

References

Shefrin, H. M., & Thaler, R. H. (1988). The Behavioral Life‐cycle Hypothesis. Economic Inquiry, 26(4), 609-643. https://doi.org/10.1111/j.1465-7295.1988.tb01520.x

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