Saving, Spending, and Self-Control: Cognition versus Consumer Culture

Consumer Spending Self - Control Effectiveness and Outcome Elaboration Prompts

The Effect of Stress on Consumer Saving and Spending KRISTINA M . DURANTE JULIANO

This paper examines how stress influences consumer saving and spending. The authors propose that consumers who experience a stressful situation allocate their resources strategically in order to gain control of their environment. A series of studies shows that this strategic allocation of resources occurs in two ways. Consumers experiencing stress may show increased saving behavior, which assur...

Saving money by spending more.

Debt, Delinquencies, and Consumer Spending

Analysts forecasting the course of the U.S. economy pay close attention to consumer spending. Because personal consumption expenditures make up about twothirds of the country’s gross domestic product, factors that could influence consumer spending can have significant effects on the economy’s health. Among these factors, the sharp increase of household indebtedness and the rising share of incom...

Culture and systems of thought: holistic versus analytic cognition.

The authors find East Asians to be holistic, attending to the entire field and assigning causality to it, making relatively little use of categories and formal logic, and relying on "dialectical" reasoning, whereas Westerners are more analytic, paying attention primarily to the object and the categories to which it belongs and using rules, including formal logic, to understand its behavior. The...