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  • Monopoly Money: The Effect Of Payment Coupling And Form On Spending Behavior - Apa

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Journal of Experimental Psychology: Applied 2008, Vol. 14, No. 3, 213?225 Copyright 2008 by the American Psychological Association 1076-898X/08/$12.00 DOI: 10.1037/1076-898X.14.3.213 Monopoly Money:.

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Coupling: the degree to which consumption reminds the consumer of their payment, or vice versa. Paying with a credit card would weaken coupling, whereas paying with cash would tighten coupling, due to differences in saliency.

The term refers to the negative emotions experienced during the process of paying for a good or service. In other words, to make this simpler to understand, the more a purchase hurts, the less people are willing to make this purchase. During the payment process, the handing over of money is akin to losing money.

This is related to a psychological concept called coupling, which is essentially how much the purchase of a product is connected to the actual payment.

For example, people he deemed “spendthrifts” would have difficulties controlling their spending decisions, while those he called “tightwads” would experience more pain when separating with their money.

The pain of paying plays an important role in consumer self-regulation to keep spending in check (Prelec & Loewenstein, 1998). This pain is thought to be reduced in credit card purchases, because plastic is less tangible than cash, the depletion of resources (money) is less visible and payment is deferred.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232