Construct · 1 fields · 1 citations

pain of paying: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
pain ofpaying1 CONSTRUCTPain of payingPRELEC · BEHAVIORAL ECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral economics

the immediate displeasure of paying, which depends on how payment is tied to consumption.

In behavioral economics, pain of paying refers to the immediate displeasure of paying, which depends on how payment is tied to consumption. This meaning comes from Prelec (1998) in Marketing Science.[1]

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Nearby constructs

double-entry mental accounting1 fields · 1 citationsanchor · a standalone constructconsumption3 fields · 5 citationsjingle · one word, three constructs

References

  1. Prelec, D., & Loewenstein, G. (1998). The Red and the Black: Mental Accounting of Savings and Debt. Marketing Science, 17(1), 4-28. https://doi.org/10.1287/mksc.17.1.4

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