Consumer Behavior: When Gas Becomes Cheaper, Americans Buy More Expensive Gas

Researchers also show that consumers use their savings to buy more gasoline, a tendency behavioral economists call “mental accounting.” [Source]

Origin: nytimes.com

Category: Oil (Petroleum) and Gasoline

Topics: accounting, “mental, economists, behavioral, tendency, gasoline, savings, consumers, Researchers, Expensive, Americans, Cheaper, Becomes, Behavior, Consumer

Source: http://rss.nytimes.com/c/34625/f/640350/s/4acb6b6f/sc/28/l/0L0Snytimes0N0C20A150C10A0C20A0Cupshot0Cwhen0Egas0Ebecomes0Echeaper0Eamericans0Ebuy0Emore0Eexpensive0Egas0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm