Money Illusion¶
Shafir, E., Diamond, P., & Tversky, A. (1997). Money Illusion. The Quarterly Journal of Economics, 112(2), 341-374.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Basis-Labeled Financial Chart
- A basis-labeled chart makes the invisible coordinate visible and directly counters money illusion — the habit of treating a numerically larger amount as larger in value even when purchasing power has fallen.
This sourceDefines money illusion as a tendency to evaluate monetary amounts in nominal rather than real, purchasing-power terms.
- A basis-labeled chart makes the invisible coordinate visible and directly counters money illusion — the habit of treating a numerically larger amount as larger in value even when purchasing power has fallen.
Verification¶
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Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
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Registry ID ref:852acf930974 · see in the full table