Proposal authors can use this tool to see where they have been placed in the agenda for a Symposium, an Oral Session, or a Featured Research Session Poster.
Scroll down to search by Authors (Person)*, Date/Time, and Keywords. Rooms have not been assigned yet, so the locations are just generic place holders. *Note: If the submitting author did not add all the authors to the ProposalSpace form, only the First & Corresponding Author will be searchable.
Confirm your place in the schedule by going to the ACCI Presenter Confirm Google Sheet and marking your session YES. Contact the ACCI Office right away if you have questions. Please be sure to reference the session title(s), date(s) and time(s) if you contact us.
E3b Financial Literacy and Buying Behavior: Evidence from a Discrete Choice Experiment
Key Words
Financial Literacy, Discrete Choice Experiment
Short Description
Consumers take daily purchase decisions in which they have to trade-off different attributes of a good. This study departs from standard consumer theory and considers the influence of price, credit constraints, information and promotional incentives on the decision to buy. We adopt a discrete choice experiment (DCE) to reveal which aspects are important when making a choice. Moreover, we investigate whether financial literate adolescents take different decisions. Our analysis is based on a unique sample of 628 secondary school students in grade 8. We show that the purchase decision is mainly affected by reviews, an effect that is even stronger for financial literate students. Overall, the results demonstrate that a comprehensive level of financial literacy is important to take sound consumption decisions on a day-to-day basis. This strengthens the call to further develop consumption-related financial literacy policy initiatives.
First & Corresponding Author
Kenneth De Beckker, KU Leuven
Authors in the order to be printed
Kenneth De Beckker, Kristof De Witte, Geert Van Campenhout