Replication data for: Mental Budgeting versus Relative Thinking
Principal Investigator(s): View help for Principal Investigator(s) Samuel Hirshman; Devin Pope; Jihong Song
Version: View help for Version V1
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Project Citation:
Hirshman, Samuel, Pope, Devin, and Song, Jihong. Replication data for: Mental Budgeting versus Relative Thinking. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114483V1
Project Description
Summary:
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In many situations, mental budgeting and relative thinking predict results that are in opposing directions. We study a situation of this type and provide evidence for when the predictions of one model will dominate the other.
Scope of Project
JEL Classification:
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D12 Consumer Economics: Empirical Analysis
D91 Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
D12 Consumer Economics: Empirical Analysis
D91 Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
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