Time Is Money: The Effect of Mode-of-Thought on Financial Decision-Making

The dual-system approach holds that deliberative decisions and in-depth evaluation processes lead people to better financial decisions. However, research identifies situations where optimal economic decisions may stem from a more intuitive decision process. In the current work, we present three expe...

Full description

Bibliographic Details
Main Authors: Lidor Krava, Shahar Ayal, Guy Hochman
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-09-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.735823/full