IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v107y2023ics2214804323001180.html
   My bibliography  Save this article

Mental Accounting and decision making: a systematic literature review

Author

Listed:
  • Silva, Emmanuel Marques
  • Moreira, Rafael de Lacerda
  • Bortolon, Patricia Maria

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.

Suggested Citation

  • Silva, Emmanuel Marques & Moreira, Rafael de Lacerda & Bortolon, Patricia Maria, 2023. "Mental Accounting and decision making: a systematic literature review," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).
    • Handle: RePEc:eee:soceco:v:107:y:2023:i:c:s2214804323001180
    DOI: 10.1016/j.socec.2023.102092
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2214804323001180
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.socec.2023.102092?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:107:y:2023:i:c:s2214804323001180. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.