Abstract

Individuals' emotional states (i.e., happy and sad emotions) might influence the intertemporal choice process, a decision of choosing between instant alternatives with small advantages or delayed alternatives with enormous benefits, when purchasing a product. This study tested the role of emotional states in individual intertemporal choices, especially when buying clothing products. 45 active students were involved as participants in this experimental study.' The results indicated that happy and sad emotions do not significantly differ in individuals' intertemporal choices, specifically in purchasing clothing products (ꭓ2 = 5.293, p > 0.05). This study also found that intertemporal choice was influenced by gender (F = 6.431, p < 0.05). This gender difference was significant (ꭓ2 = 4.099, p < 0.05), in which female participants had a higher average delayed gratification than male participants. Even though differences in income did not significantly impact the differences in intertemporal choice (ꭓ2 = 5.962, p > 0.05), individual income influenced intertemporal choice (F = 4.381, p < 0.05), in which participants with smaller incomes tended to choose cheaper clothing product. Moreover, the system of three thinking inhibited irrationality and made students more rational when making purchase decisions in accordance with their income or pocket money.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.