The DOI matches its Crossref record; 15 of the 15 references it cites were found in a registry or an index.
Increasing Saving Behavior Through Age-Progressed Renderings of the Future Self
Open accessAbstract
Many people fail to save what they will need for retirement. Research on excessive discounting of the future suggests that removing the lure of immediate rewards by precommitting to decisions or elaborating the value of future rewards both can make decisions more future oriented. The authors explore a third and complementary route, one that deals not with present and future rewards but with present and future selves. In line with research that shows that people may fail, because of a lack of belief or imagination, to identify with their future selves, the authors propose that allowing people to interact with age-progressed renderings of themselves will cause them to allocate more resources to the future. In four studies, participants interacted with realistic computer renderings of their future selves using immersive virtual reality hardware and interactive decision aids. In all cases, those who interacted with their virtual future selves exhibited an increased tendency to accept later monetary rewards over immediate ones.
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1 retracted
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Background
Cited by
How to SHIFT Consumer Behaviors to be More Sustainable: A Literature Review and Guiding Framework
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Enhancing Our Lives with Immersive Virtual Reality
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Recommendations for Good Scientific Practice and the Consumers of VR-Technology
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Metadata
- Authors
- Hershfield, H. E., Goldstein, D. G., Sharpe, W. F., Fox, J., Yeykelis, L., Carstensen, L. L., & Bailenson, J. N.
- Venue
- Journal of Marketing Research
- Publisher
- SAGE Publications
- Published
- 2011-02
- Volume
- 48
- Issue
- SPL
- Pages
- S23-S37
- ISSN
- 0022-2437 (ISSN-L)
- 1547-7193
- OpenAlex
- W2075501719
- Cited by
- 686
- References
- 15
- FWCI
- 11.12
- Type
- journal article
- Language
- en
- Open access
- green
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- Hershfield, H. E., Goldstein, D. G., Sharpe, W. F., Fox, J., Yeykelis, L., Carstensen, L. L., & Bailenson, J. N. (2011). Increasing Saving Behavior Through Age-Progressed Renderings of the Future Self. Journal of Marketing Research. https://doi.org/10.1509/jmkr.48.spl.s23
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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