Risky financial choices in a gain and loss decision frame – the role of chronic and situationally induced time perspectives
Abstract
The aim of the research was to explore the relationship between people’s Time Perspectives (TPs) (chronic and induced) and their propensity to take financial risks in gambling tasks with a gain and loss decision frame. The results of the study 1 ( N1 = 1093) revealed that a higher chronic Present Hedonistic TP is related to a preference for unsure options in loss and gain frames, while a higher chronic Past Negative TP is related to a preference...
Paper Details
Title
Risky financial choices in a gain and loss decision frame – the role of chronic and situationally induced time perspectives
Published Date
Sep 26, 2018
Journal
Volume
40
Issue
2
Pages
853 - 863
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