Common and distinct neural substrates of the money illusion in win and loss domains
Sign Up to like & getrecommendations! Published in 2019 at "NeuroImage"
DOI: 10.1016/j.neuroimage.2018.09.032
Abstract: &NA; People often evaluate money based on its face value and overlook its real purchasing power, a phenomenon known as the money illusion. In the present study, using functional magnetic resonance imaging (fMRI) combined with… read more here.
Keywords: win loss; money illusion; money; loss domains ... See more keywords
Money illusion under tourists: deceived by larger numbers?
Sign Up to like & getrecommendations! Published in 2021 at "Current Issues in Tourism"
DOI: 10.1080/13683500.2021.1887825
Abstract: The difference of price perception between using foreign and home currencies is considered a form of money illusion. People may view a product as expensive in a foreign currency with a higher nomin... read more here.
Keywords: illusion tourists; money; tourists deceived; money illusion ... See more keywords
Money Illusion: Reconsidered in the Light of Cognitive Science
Sign Up to like & getrecommendations! Published in 2019 at "Acta Oeconomica"
DOI: 10.1556/032.2019.69.2.3
Abstract: A basic principle of economics is that people always prefer a larger set of opportunities. Money illusion can be considered as the phenomenon when people may not correctly perceive their budget constraints, and may act… read more here.
Keywords: illusion reconsidered; reconsidered light; money; economics ... See more keywords