My five pounds are not as good as yours, so I will spend them
Vandoros, S.
(2013).
My five pounds are not as good as yours, so I will spend them.
Experimental Economics,
16(4), 546-559.
https://doi.org/10.1007/s10683-013-9351-2
An experimental approach is used to examine how money denomination and the choice between or availability of coins and banknotes may influence consumers' purchasing behaviour. Evidence shows that for small amounts of money, consumers may prefer a smaller monetary value in banknotes rather than a higher value in coins. Findings also suggest that people carrying coins are more likely to make a purchase of small value than people not carrying coins.
| Item Type | Article |
|---|---|
| Copyright holders | © 2014 Economic Science Association |
| Departments | LSE > Research Centres > LSE Health |
| DOI | 10.1007/s10683-013-9351-2 |
| Date Deposited | 05 Feb 2013 |
| URI | https://researchonline.lse.ac.uk/id/eprint/48266 |
Explore Further
- https://www.scopus.com/pages/publications/84888051621 (Scopus publication)
- http://link.springer.com/journal/10683 (Official URL)