A Future Contraction Effect in Intertemporal Choice for Durable Goods

Recent research reported that perception of future time is non-linearly scaled. That is, as objective time gets longer, subjective perception of the objective time does not grow proportionally. The non-linear time perception implies that the same future time feels shorter when it starts in the futur...

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Bibliographic Details
Main Author: Byung Kyu Kim
Format: Article
Language:English
Published: Korean Marketing Association 2018-07-01
Series:Asia Marketing Journal
Subjects:
Online Access:https://amj.kma.re.kr/journal/vol20/iss2/1/