Editorial Board
Publication date: March 2020Source: Journal of Economic Psychology, Volume 77Author(s): (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - April 14, 2020 Category: Psychiatry & Psychology Source Type: research

The impact of life experiences on risk taking
Publication date: Available online 11 April 2020Source: Journal of Economic PsychologyAuthor(s): Peter Ayton, Gennaro Bernile, Alessandro Bucciol, Luca Zarri (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - April 12, 2020 Category: Psychiatry & Psychology Source Type: research

Trust in Humans and Robots: Economically Similar but Emotionally Different
Publication date: Available online 8 March 2020Source: Journal of Economic PsychologyAuthor(s): E. Schniter, T.W. Shields, D. Sznycer (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - March 9, 2020 Category: Psychiatry & Psychology Source Type: research

Economic psychology: An introduction, by Erich Kirchler and Erik Hoelzl. Cambridge University Press, 2018, 393 pages.
Publication date: June 2020Source: Journal of Economic Psychology, Volume 78Author(s): Rupert Sausgruber (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - February 27, 2020 Category: Psychiatry & Psychology Source Type: research

Is the beauty premium accessible to all? An experimental analysis
Publication date: Available online 21 February 2020Source: Journal of Economic PsychologyAuthor(s): Angela Cristiane Santos Póvoa, Wesley Pech, Juan José Camou Viacava, Marcos Tadeu SchwartzAbstractWe conducted a trust game experiment to investigate whether women are trusted more when they wear makeup than when they do not. Facial attractiveness, which was manipulated through the application of makeup by a professional makeup artist, was measured before and after makeovers. Trustors were shown a photograph of their female counterparts before they made decisions about money transfers to trustees. The results showed that w...
Source: Journal of Economic Psychology - February 22, 2020 Category: Psychiatry & Psychology Source Type: research

Current Issues in Decision Making for Others
Publication date: Available online 4 February 2020Source: Journal of Economic PsychologyAuthor(s): Sascha Füllbrunn, Wolfgang Luhan, Alan Sanfey (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - February 5, 2020 Category: Psychiatry & Psychology Source Type: research

Editorial Board
Publication date: January 2020Source: Journal of Economic Psychology, Volume 76Author(s): (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - January 14, 2020 Category: Psychiatry & Psychology Source Type: research

Consumer fraud victimization and financial well-being
Publication date: Available online 19 December 2019Source: Journal of Economic PsychologyAuthor(s): Lukas Brenner, Tobias Meyll, Oscar Stolper, Andreas WalterAbstractUsing US household panel data, we provide evidence of a strong negative association between consumer fraud victimization and individuals’ perception of their financial well-being. We show that this effect is homogenous among the population and mainly stems from victimization through misrepresentation of information as well as misusage of money by third parties. We disentangle two potential channels through which victimization might reduce perceived financial...
Source: Journal of Economic Psychology - December 21, 2019 Category: Psychiatry & Psychology Source Type: research

Constraining Temptation: How Specific and General Rules Mitigate the Effect of Personal Gain on Unethical Behavior
Publication date: Available online 9 December 2019Source: Journal of Economic PsychologyAuthor(s): Laetitia B. Mulder, Floor Rink, Jennifer JordanAbstractRules are often installed in order to constrain unethical behavior. Rules can be framed either in specific (“Don’t accepts gifts from clients.”) or general terms (“Don’t engage in conflicts of interest.”). The current investigation examines the effect of specific and general rules on unethical behavior and how this effect depends on personal gain resulting from the unethical behavior. The results of three preregistered experiments suggest that both specific an...
Source: Journal of Economic Psychology - December 9, 2019 Category: Psychiatry & Psychology Source Type: research

Editorial Board
Publication date: December 2019Source: Journal of Economic Psychology, Volume 75, Part BAuthor(s): (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - November 29, 2019 Category: Psychiatry & Psychology Source Type: research

Wounds that Time Can’t Heal: Life Satisfaction and Exposure to Traumatic Events
In this study, by employing large-scale survey data from four waves of the US Health and Retirement Study (HRS), we explore the (potentially long-lasting) effects of individuals’ exposure to psychologically traumatic life experiences on their subjective well-being. To this aim, we exploit the richness of our dataset, that contains information about occurrence and timing of a set of extreme events out of individuals’ control that may leave a “scar” extending to their current levels of life satisfaction in general as well as with regard to specific life domains. Our findings indicate that having a close relative hit ...
Source: Journal of Economic Psychology - November 20, 2019 Category: Psychiatry & Psychology Source Type: research

Determinants of Financial Worry and Rumination
Publication date: Available online 16 November 2019Source: Journal of Economic PsychologyAuthor(s): Ernst-Jan de Bruijn, Gerrit AntonidesAbstractSignificant parts of populations in developed countries frequently worry and ruminate about their finances. Financial worry and rumination can have serious psychological consequences, resulting in lower psychological well-being, mental-health problems, and impaired cognitive functioning. The literature lacks studies investigating the socio-demographic antecedents of and the financial processes underlying financial worry and rumination.The purpose of our study was to investigate th...
Source: Journal of Economic Psychology - November 16, 2019 Category: Psychiatry & Psychology Source Type: research

Demonstrability, Difficulty and Persuasion: An Experimental Study of Advice Taking
We report a laboratory experiment with repeated advisor-client interactions where both these dimensions are independently varied. Persuasion rises in solution demonstrability and falls in difficulty. The reason is non-optimising behaviour: Advisors lacking in confidence fail to conceal difficult problem solving and those receiving their advice baulk when the proposed solution lacks objective success criteria irrespective of its promise. Our findings suggest differential prospects for persuasion and selling of different kinds of products, services and ideas. (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - October 27, 2019 Category: Psychiatry & Psychology Source Type: research

Poverty Identity and Preference for Challenge: Evidence from the U.S. and India
Publication date: Available online 21 October 2019Source: Journal of Economic PsychologyAuthor(s): Sachin Banker, Syon Bhanot, Aishwarya DeshpandeAbstractOne’s personal identity can play an important role in decision-making. We propose that a key identity that shapes behavior among poor populations is conceptualizing oneself as financially insecure, which we term “poverty identity.” Two experiments suggest that this identity can influence one’s propensity to engage in challenging tasks. We first demonstrate in a lab experiment with students that making one’s financial insecurity temporarily salient can reduce pre...
Source: Journal of Economic Psychology - October 22, 2019 Category: Psychiatry & Psychology Source Type: research

Editorial Board
Publication date: October 2019Source: Journal of Economic Psychology, Volume 74Author(s): (Source: Journal of Economic Psychology)
Source: Journal of Economic Psychology - October 20, 2019 Category: Psychiatry & Psychology Source Type: research