Journal of Consumer Affairs最新文献

{"title":"The protection of rights and advancement of GenderS: In conversation with Abigail Nappier Cherup, Kevin D. Thomas, Wendy Hein, and Jack Coffin","authors":"Laurel Steinfield,&nbsp;Martina Hutton,&nbsp;Mohammed Cheded,&nbsp;Abigail Nappier Cherup,&nbsp;Kevin D. Thomas,&nbsp;Wendy Hein,&nbsp;Jack Coffin","doi":"10.1111/joca.12571","DOIUrl":"https://doi.org/10.1111/joca.12571","url":null,"abstract":"<p>In this panel discussion, we explore various ways that academics can advance work related to GenderS, intersectionality and inequities so that it has impact within academia and in society. Panelists offer practical insights, relate challenges in doing this work, and suggest avenues for alternative yet impactful dissemination of work. The purpose is to demonstrate how those interested in supporting or working in this space might move from being allies to advocates and accomplices.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.12571","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140622674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"E. Thomas Garman in memoriam","authors":"Brenda J. Cude","doi":"10.1111/joca.12579","DOIUrl":"10.1111/joca.12579","url":null,"abstract":"<p>E. Thomas Garman (Tom) passed away February 17, 2024 in Florida. Dr. Garman was a widely known author and academic who was a respected leader in both the American Council on Consumer Interests (ACCI) and the Association for Financial Counseling and Planning Education (AFCPE). The textbook he coauthored with Ray Forgue, <i>Personal Finance</i>, has been widely adopted for use in classrooms for more than four decades.</p><p>Like many of the early leaders in ACCI, Dr. Garman earned his undergraduate degree in business and taught business education in high school early in his career. After completing a Ph.D. in Economics Education at Texas Tech University, Dr. Garman taught first at Northern Illinois University (for 6 years) and then at Virginia Tech University (for 25 years).</p><p>A recitation of the milestones in Dr. Garman's career cannot convey the enthusiasm with which he approached personal finance. He often said, “As professors, we should <i>profess</i> something.” At every opportunity, Dr. Garman professed his belief in the value of his work and its potential to improve quality of life.</p><p>Dr. Garman demonstrated his passion in a variety of ways. Early in his career, he worked in economic development in West Africa. He directed the National Institute for Personal Finance Employee Education and then founded the Personal Finance Employee Education Foundation. Dr. Garman led many research studies that linked employer financial success with their employees' financial health. He created the eight question “Personal Financial Wellness” scale, which has been used by more than 500 researchers in the U.S.; the scale has been translated into 20 languages and used in 70 foreign countries.</p><p>Dr. Garman was a vibrant participant in ACCI throughout his career. He served as ACCI Treasurer in 1972–1973, Vice-President in 1973–1974, President in 1974–1975, and Past President in 1975–1976. Dr. Garman was a frequent presenter and enthusiastically engaged in the academic discussions that are a hallmark of ACCI Conferences. In the ACCI Oral History completed by Norman Silber in 1987, Dr. Garman described ACCI Conferences: “This meeting is unlike any other place in the world. Here we are allowed to express our points of view with some vigor, not with meanness. Then we put our arms around each other, hug and go and have a drink, because we are trying to educate, project, inform, persuade.” Many of us who knew Tom received those hugs and invitations to join him in a drink at every conference.</p><p>Dr. Garman was fortunate to enjoy retirement for 23 years. During that time he married the love of his life, Geraldine Ann Chambers (Gerry), and together they traveled overseas extensively. Dr. Garman loved reading as well as golf and was a huge fan of the Denver Broncos and the UConn Huskies women's basketball team. He is survived by his wife, his sister, his son, and a granddaughter.</p><p>Each of us can honor Dr. Garman's life by exhibiting the same passion ","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.12579","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140626913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Improving the effectiveness of financial education programs. A targeting approach","authors":"Ginevra Buratti,&nbsp;Alessio D'Ignazio","doi":"10.1111/joca.12577","DOIUrl":"10.1111/joca.12577","url":null,"abstract":"<p>We investigate whether targeting algorithms can improve the effectiveness of financial education programs by identifying ex-ante the most appropriate recipients. To this end, we use micro-data from around 3800 individuals who participated in a financial education campaign conducted in Italy in late 2021. First, we employ machine learning (ML) tools to devise a targeting rule that identifies individuals who should be primarily targeted by a financial education campaign based on easily observable characteristics. Second, we simulate a policy scenario, using a random sample of individuals who took part in the campaign but were not employed to devise the targeting rule. We find that pairing a financial education campaign with an ML-based targeting rule leads to greater effectiveness. Finally, we discuss the policy implications of our findings, and the conditions that must be met for ML-based targeting to be effectively implemented.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140568509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Social institutions as enablers and inhibitors of environmental activism: A cross-cultural perspective","authors":"Colin B. Gabler,&nbsp;Meike Eilert","doi":"10.1111/joca.12578","DOIUrl":"10.1111/joca.12578","url":null,"abstract":"<p>Societal well-being requires immediate global action from individuals and governments to vote on and enact policies that slow down, stop, and reverse the effects of climate change. To pressure governments and motivate policymakers to act, individuals can engage in environmental activism; however, even if individuals consider the environment important, they often do not follow through with action. Using a unique, large-scale secondary data set from over 60,000 individuals in 48 countries, we examine the influence of social institutions on environmental activism among a nation's citizens. We find that religiosity inhibits environmental activism while education enables it. Confidence in the judiciary system also increases the likelihood that individuals act on their pro-environmental attitudes while confidence in the government weakens this relationship. We discuss implications for policymakers and community organizers looking to increase the well-being of their constituents.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140568312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Unbanked and impoverished? Exploring banking and poverty interactions over time","authors":"John Creamer,&nbsp;Lewis Warren","doi":"10.1111/joca.12576","DOIUrl":"10.1111/joca.12576","url":null,"abstract":"<p>In 2019, the Federal Deposit Insurance Corporation (FDIC) reported that 7.1 million households in the United States (5.4%) were unbanked and lacked a checking or savings account). Using three leading household surveys, this paper documents how the interaction between bank access and poverty has evolved over time. We present a historical time series of unbanked rates, showing high-unbanked rates for those in poverty even with increases in financial access over time. In the 1980s, 49.6% of households in poverty were unbanked while 22.8% were unbanked in 2019. Unbanked rates were even higher for Black and Hispanic households that were in poverty. In the 1980s, these groups had unbanked rates of 73.6% and 66.5% which declined to 38.4% and 31.8% in 2019, respectively. To explain differences in banking rates by race, we use binary Kitagawa-Oaxaca-Blinder decompositions. Socio-demographic characteristics explain less than half the difference in unbanked rates for Blacks and around half for Hispanics.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140600353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A systematic conceptual review of financial access","authors":"Julie Birkenmaier,&nbsp;Jin Huang","doi":"10.1111/joca.12574","DOIUrl":"10.1111/joca.12574","url":null,"abstract":"<p>Financial access is used in practice and research as an important concept relevant to financial capability and financial well-being. This study examines the literature on individual financial access and develops a conceptualization, definition, domains, and proposed items. Following a systematic conceptual review method, the review is based on 171 articles published during January 2012–August 2022 retrieved from Scopus and Dissertation and Thesis Global. Using grounded theory, data were coded related to financial access definition, concepts, measurement, and associated content. The domains identified were <i>Mainstream Financial Products and Services, Institutional Practices of Available Mainstream Financial Service Providers, Individual Resources and Intrinsic Qualities and Abilities,</i> and <i>Individual Financial Action and Perceptions. Financial Products or Services Utilized by Social Programs to Provide Benefits</i> was added. Study implications include the need to broaden the focus of policies and practices beyond ownership of financial products and services. Directions for future research are discussed.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140151762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Moving gender across, between and beyond the binaries: In conversation with Shona Bettany, Olimpia Burchiellaro and Rohan Venkatraman","authors":"Mohammed Cheded,&nbsp;Martina Hutton,&nbsp;Laurel Steinfield,&nbsp;Shona Bettany,&nbsp;Olimpia Burchiellaro,&nbsp;Rohan Venkatraman","doi":"10.1111/joca.12572","DOIUrl":"10.1111/joca.12572","url":null,"abstract":"<p>This panel discussion explores why marketing and consumer behavior has struggled to move beyond the binary, the importance of disrupting the conventional binaries to recognize gender/sex/ual diversity, and the challenges in so doing. It raises to the fore concerns about institutional pressures, sanitization of work, academic positionalities, everyday encounters of discrimination against gender/sex/ual diversity, and the emancipatory but oppressive dynamics of categories. Yet the panelists also reflect on ways to challenge binaristic thinking. Just being in the academy and doing (small but) meaningful acts of institutional activism can produce ripple effects and open pathways for a better articulation of lived experiences and realities.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.12572","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140117339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Drivers and consequences of borrowers' voluntary privacy information disclosure—Evidence from a Chinese online consumer financing platform","authors":"Xiaodan Zhang,&nbsp;Guoqun Fu,&nbsp;Maiju Guo,&nbsp;Zeng Wang","doi":"10.1111/joca.12570","DOIUrl":"10.1111/joca.12570","url":null,"abstract":"<p>This study explores the drivers and consequences of consumers' voluntary information disclosure in the context of online consumer financing. Using unique secondary data from a Chinese online consumer financing company, we uncover a non-linear relationship between borrowers' credit ratings and the quantity of voluntary information disclosure, and an inverted U-shaped relationship between the amount of information disclosure and loan default. Specifically, low-credit borrowers who opt for more voluntary information disclosure manifest a higher likelihood of default than those who disclose less, suggesting a strategic inclination toward information disclosure. Finally, we identify that disclosing high-cost information reduces loan default, whereas disclosing low-cost information increases default. Our findings enrich the existing literature on consumer information disclosure by providing insights into the underlying motivation and highlighting the applicability of signaling theory and privacy calculus theory. This has practical implications for lenders, borrowers, and regulators in overcoming barriers in online lending.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140091352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Income predictability and budgeting","authors":"C. Yiwei Zhang,&nbsp;Abigail B. Sussman","doi":"10.1111/joca.12568","DOIUrl":"10.1111/joca.12568","url":null,"abstract":"<p>Unpredictable income poses a significant threat to economic stability for many U.S. households. While budgeting may help to mitigate some of the negative effects of unpredictable income, the process of budgeting can also be more challenging under such circumstances. This paper presents new descriptive evidence on the relationship between income predictability, financial wellbeing, and budgeting behavior using data from a nationally-representative survey of nearly 4000 U.S. adults. We document a strong negative relationship between income unpredictability and financial wellbeing. However, the strength of this negative relationship is substantially attenuated for those who budget. This suggests that budgeting may be a useful tool for mitigating the adverse effects of unpredictable income. Despite these benefits, the propensity to budget is significantly lower among those with the most unpredictable income. These findings indicate the need for policy reforms that insure households against unpredictable income in addition to efforts targeting individual-level financial management strategies.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.12568","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140019338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does survival threat make us irrational? The effects of disease cues on sunk cost bias","authors":"Hao Sun,&nbsp;Rui Chen,&nbsp;Zhaoyang Guo","doi":"10.1111/joca.12567","DOIUrl":"10.1111/joca.12567","url":null,"abstract":"<p>Sunk cost bias is a pervasive issue in the real world, manifesting in various domains, such as consumption and investment, influencing consumer well-being. This bias often leads to a misallocation of resources towards less meaningful activities. In the current study, we explored a novel factor, specifically disease cues, that influences the sunk cost bias. Through a survey and four systematic experiments, using both lab and natural manipulations of disease cues, we demonstrate that disease cues encourage individuals to overvalue their prior investments, leading to an increased propensity for sunk cost bias in imagined decision scenarios and real choices. We have also ruled out alternative explanations for our findings. Significantly, we added a survey to directly explore the sunk cost bias and consumer subjective well-being, showing a significant positive relationship between them. Our research contributes to understanding consumer irrational behavior and aims to improve consumer well-being.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139948809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}