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On Intertemporal Selfishness

How the Perceived Instability of Identity Underlies Impatient Consumption

Bibliographic Data

ID2222211
AuthorsDaniel M Bartels (0000-0003-1642-8426, University of Chicago), Oleg Urminsky (0000-0003-4390-386X, University of Chicago)
Year2011
Volume38
Issue1
Pages182-198
Publication date2011-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Consumer Research (JOURNAL)
Journal identifiersISSN: 0093-5301 • E-ISSN: 1537-5277
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1086/658339
OpenAlexW2033438985
LanguageEN
Citations received68
References cited72

How does the anticipated connectedness between one’s current and future identity help explain impatience in intertemporal preferences? The less consumers are closely connected psychologically to their future selves, the less willing they will be to forgo immediate benefits in order to ensure larger deferred benefits to be received by that future self. When consumers’ measured or manipulated sense of continuity with their future selves is lower, they accept smaller-sooner rewards, wait less in order to save money on a purchase, require a larger premium to delay receiving a gift card, and have lower long-term discount rates

Consumption (sociology) · Delay discounting · Discounting · Dynamic inconsistency · Economics · Identity (music) · Intertemporal choice · Microeconomics · Order (exchange) · Selfishness · Social connectedness · Sociology · Term (time) · Decision-Making and Behavioral Economics · Finance · Psychological and Temporal Perspectives Research · Psychological Well-being and Life Satisfaction · Psychology · Social Psychology

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Unique citing works68
Citations per year4,53
Citation span2011 - 2026 (16)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 67

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