Behavioral Economics
Study reveals an association between impatience and lower credit scores
A study conducted by Columbia Business School’s Prof. Stephan Meier, Regina Pitaro Associate Professor of Business, Management, and Charles Sprenger, Assistant Professor, Stanford University Department of Economics,…
Impatient people have lower credit scores
Is there a psychological reason why people default on their mortgages? A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, finds that people with bad credit scores …