Effects of Information on Consumers’ Perceptions of Mutual Funds

 

Kozup, John C., Elizabeth Howlett and Michael Pagano (2008), The Effects of Summary Information on Consumer Perceptions of Mutual Fund Characteristics, Journal Consumer Affairs, 42(1), 37-59.

Brief Description: Choosing how to best invest for retirement is one of the most important decisions a consumer can make. Unfortunately, this can be an especially challenging task given the current financial information disclosure environment. The objective of this research was to explore whether a single page supplemental information disclosure impacts investors’ fund …

Consumer Preferences for Car Loan Features

 

Wonder, N., Wilhelm, W., & Fewings, D. (2008). The financial rationality of consumer loan choices: revealed preferences concerning interest rates, down payments, contract length, and rebates. The Journal of Consumer Affairs, 42(2), 243-270.

Brief Description: This work studied consumer preferences for car loan features. The results revealed preferences that conflicted with traditional financial rationality. For example, participants avoided choosing long term (six- or seven-year) loans even when the interest rate was zero. In addition, the consumers, particularly those with …

How Financial Assets and Consumer Debt Influence Marital Conflict

 

Dew, J. (2007) Two sides of the same coin? The differing roles of assets and consumer debt in marriage. Journal of Family and Economic Issues, 28(1), 89-104.

Brief Description: This study assessed how financial assets (e.g., savings, investments, etc.) and consumer debt (e.g., credit card debt) influence the frequency of marital conflict. Assets indirectly decrease marital conflict by decreasing feelings of financial pressure. Although consumer debt adds to feelings of financial pressure, it also directly relates to increased frequency …

Convenience Use of Credit Cards

Link Title: Convenience Use of Credit Cards

Rutherford, L. G. & DeVaney, S.A. (2009). Utilizing the theory of planned behavior to understand convenience use of credit cards. Journal of Financial Counseling and Planning Education, 20(2), 48-63.

Brief Description: This research investigated factors influencing the convenience use of credit cards (i.e., regularly paying the balance in full instead of paying only a portion of the balance). It was framed by the Theory of Planned Behavior, which states that behavior can …

Financial Planning Personality Type

Lown, J. M. (2007). Measuring Financial Planning Personality Type Based on the Stages of Change. Journal of Consumer Education, 24,28-39.

Brief description: The two-question Financial Planning Personality Type (FPPT) assessment provides a simple and practical tool to evaluate an individual’s financial planning type as well as their stage of change in Transtheoretical Model (TTM). The questions ask about a person’s financial attitudes and financial planning attitudes. It is easy to administer and score. Derived from the Retirement Personality Profiler …