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Discount Rates for Time versus Dates: The Sensitivity of Discounting to Time-Interval Description

LeBoeuf, A. Robyn - ;

Six experiments examine the impact of time-interval descriptions on consumers' discount rates. Consumers exhibit more discounting (e.g., they demand more money to delay income) when delay intervals are described by extents of time than when delay intervals are described by dates. This pattern holds in various contexts, including gains and losses, and is robust to response-mode changes. Findings further indicate that this effect may arise because, compared with date descriptions, extent descriptions enhance perceptions of interval length. The author discusses other potential mechanisms and implications.


Ketersediaan

Call NumberLocationAvailable
JM4306PSB lt.dasar - Pascasarjana1
PenerbitChicago: American Marketing Association 2006
EdisiVol. 43, No. 1 (Feb., 2006), pp. 59-72
SubjekConsumer behavior
Intertemporal Choice
Discount rates
Temporal Discounting
ISBN/ISSN0022-2437
KlasifikasiNONE
Deskripsi Fisik14 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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