Mental Accounting and decision making: a systematic literature review

Emmanuel Marques Silva, Rafael de Lacerda Moreira and Patricia Maria Bortolon

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2023, vol. 107, issue C

Abstract: In recent years, the concept of mental accounting has been widely used in the literature to investigate its influence on decision-making processes related to savings, investment, debt and consumption. This study explores, through bibliometric analysis, the scientific production on the influence of mental accounting bias in decision-making processes, analyzing its intellectual structure and trends. The results reveal works with global and local relevance, the most prominent authors and countries today, and the prominence of Kahneman, Tversky and Thaler studies for the study of the subject. The analysis of the descriptors showed 8 research clusters, which can serve as a reference for future research. The study revealed that "mental accounting" has a strong impact on behavioral finance and has been widely applied in research in other areas of knowledge, mainly in the field of Marketing, to investigate its influence on consumer choice.

Keywords: Mental accounting; Framing; Infungibility; Consumption; Investment, Debt; Bibliometric analysis (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2214804323001180
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:107:y:2023:i:c:s2214804323001180

DOI: 10.1016/j.socec.2023.102092

Access Statistics for this article

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza

More articles in Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) from Elsevier
Bibliographic data for series maintained by Catherine Liu ().