Bonus of rebate?: the impact of income framing on spending and saving

By Nicholas Epley, D. Mak, Lorraine Chen Idson. 2006

124 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Social Psychology

View Paper: https://www.semanticscholar.org/paper/ebad90d859f4f2c7662c131c2b7aea8852fe161d

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. A. P. Mcgraw
2. Alan J. Auerbach
3. V. Ramey

In General Decision Sciences

1. A. P. Mcgraw
2. Jonathan Levav

In Social Psychology

1. A. P. Mcgraw
2. Jonathan Levav

Citations in the corpus

• Dignity and Dreams (2015, background): “Fourth, the fact that the EITC is paid out once a year in a lump sum changes its meaning for recipients (Arkes et al. 1994; Epley and Gneezy 2007; Epley et al. 2006; Hodge and Mason 1995; Johnson et al. 2004), opening up possibilities for profligate spending but also opportunities to build assets an”
• Activist Fiscal Policy (2010, background): “For example, Epley, Mak, and Idson (2006) show how defi ning a tax cut as a “bonus” versus a “rebate” changes the way in which individuals recall how they spent the funds.”
• Emotional Accounting: How Feelings about Money Influence Consumer Choice (2009, background): “…savings (Shefrin and Thaler 1992), borrowing and debt (Hirst, Joyce, and Schadewald 1994; Prelec and Loewenstein 1998), spending of tax rebates (Epley, Mak, and Idson 2006), the effects of payment on consumption over time (Gourville and Soman 1998), windfall spending (Arkes et al. 1994), and…”