Publications by authors named "Nir Reich"
Behav Sci (Basel)
September 2024
Article Synopsis
- This study examines how the purpose of a purchase (for oneself vs. as a gift) influences the willingness to trade time for money, specifically regarding traveling to cheaper stores.
- The hypothesis that people make less effort to save money for gifts is not supported, but when mentioning international purchases, participants value their time more highly.
- Participants' decision-making styles (rational, intuitive, spontaneous) correlate with their perceived value of time and money, indicating that rational thinkers view time abroad as more valuable and have a lower perceived value of time.
