The role of mental accounting in risk-taking and spending: a meta-analysis of the house-money effect

IntroductionThis study systematically analyzes the house-money effect, a phenomenon in which people become more financially risk-taking and wasteful after receiving unexpected income. It aims to identify the general tendencies and factors that influence this effect, because the results reported in p...

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Bibliographic Details
Main Author: Kasumi Dan
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-07-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2025.1549626/full
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