The psychology of saving
Subtitle: a study on economic psychology
By: Karl-Erik Wärneryd.
Publisher: E. Elgar
Published: 1999
Place of publication: Northampton, Mass
Language: eng
Number of pages: 389
Subjects: Saving and investment -- Psychological aspects.; Economics -- Psychological aspects.
Description: Some people save and others with similar incomes and wealth do not. Why? Whilst psychology has devoted little attention to the forward looking dimension of human behavior, it contributes theories and techniques for studying the cognitive, motivational, and social factors that affect saving. The book examines the assumption that man is forward looking and desires to provide for the future. It summarizes theories and behavioral research in the area of saving and explores the psychological insights and findings of economists and interprets them in terms of modern psychology. The Psychology of Saving will be welcomed as a major contribution to economic psychology which brings together research and analysis, developing our understanding about rationality, expectations, and consumer behavior.
Notes: Includes bibliographical references (p. 350-376) and index.