Best New England Marketing Firms New England Marketing Firmsvalid until: 13 Oct 2018date published: 13 Oct 2017
In an analysis of consumer behavior called “Tightwads and Spendthrifts,” Rick, Cryder, and Loewenstein identify that the level to which people will spend is determined by the psychological “pain” that the spending causes. People will spend, they argue, until it hurts.
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