Buy it now and Pay for it Later: An Experimental Study of Student Credit Card use

Credit card debt is of increasing concern among college students, but reasons for it are not well understood. In eda simulated shopping experiment based on a hyperbolic discounted utility model, 21 participants could either save money for a new model of their favorite mobile phone brand and get it i...

Full description

Saved in:

Bibliographic Details
Published in:	The Psychological record 2013-03, Vol.63 (2), p.323-332
Main Authors:	Fagerstrøm, Asle, Hantula, Donald A.
Format:	Article
Language:	English
Subjects:	Analysis Behavior Behavioral Science and Psychology College Students Computer Simulation Consumer behavior Consumer credit Consumer Economics Cost control Credit Credit (Finance) Credit cards Debt Debt (Financial) Decision Making Discount rates Expenditures Finance Foreign Countries Individual Differences Influences Interest rates Mathematics Mobile phones Money Money Management Norway Personality Psychological aspects Psychology Purchasing Shopping Student Attitudes Student Experience Studies Telephone communications Telephones Willingness to pay
Citations:	Items that cite this one
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!