Please wait a minute...
Advances in Psychological Science    2013, Vol. 21 Issue (1) : 125-134     DOI: 10.3724/SP.J.1042.2013.00125
Regular Articles |
The Cognitive Mechanism and Influential Factors of Perception of Inflation
GAO Fei;ZHANG Weiwei;PAN Xiaofu
(1 School of Culture and Social Development Studies, 2 School of Psychology, Southwest University, Chongqing 400715, China)
Download: PDF(187 KB)  
Export: BibTeX | EndNote | Reference Manager | ProCite | RefWorks    
Abstract  The perception of inflation is a subjective experience of inflation. The cognitive mechanism of perception of inflation is generally reflected in the price experience phase and the integration phase: the price experience phase mainly involves individual’s susceptibility and memory; the integration phase mainly involves availability heuristic, anchoring and adjustment heuristic. Additionally, it is suggested that many factors make impact on the perception of inflation, including the expectation of inflation, framing effects, price fairness, social amplification, currency changeover and so on. Future studies could focus on exploring information processing mode, cognitive-neural mechanism, cross-culture influential factors and new index with highecological validity.
Keywords perceived inflation      differential threshold      loss aversion      availability heuristic      anchoring and adjustment heuristic     
Corresponding Authors: PAN Xiaofu   
Issue Date: 15 January 2013
Service
E-mail this article
E-mail Alert
RSS
Articles by authors
GAO Fei
ZHANG Weiwei
PAN Xiaofu
Cite this article:   
GAO Fei,ZHANG Weiwei,PAN Xiaofu. The Cognitive Mechanism and Influential Factors of Perception of Inflation[J]. Advances in Psychological Science, 2013, 21(1): 125-134.
URL:  
http://journal.psych.ac.cn/xlkxjz/EN/10.3724/SP.J.1042.2013.00125     OR     http://journal.psych.ac.cn/xlkxjz/EN/Y2013/V21/I1/125
[1] XU Fuming; SHI Yanwei; LI Ou; ZHANG Hui; LI Yan. Mechanisms and measures of the public’ sense of income unfairness: Dual viewpoint of reference dependence and loss aversion[J]. Advances in Psychological Science, 2016, 24(5): 665-675.
[2] LI Bin;XU Fuming;WANG Wei;ZHANG Hui;LUO Hanbing. The Origin of Loss Aversion[J]. Advances in Psychological Science, 2014, 22(8): 1319-1327.
[3] ZHANG Hong-Fei;XU Fu-Ming;LIU Teng-Fei;ZHANG Jun-Wei;JIANG Duo. Winner’s Curse: Psychological Mechanisms, Influencing Factors and Coping Strategies[J]. , 2011, 19(5): 664-672.
[4] MA Xiang-Yang;XU Fu-Ming;WU Xiu-Liang;HUANG Bao-Zhen;HUANG Ya-Ling. The Psychological Mechanism and Influential Factors of Omission Bias in Behavioral Decision Making[J]. , 2011, 19(12): 1834-1841.
[5] HUANG Bao-Zhen;XU Fu-Ming;WANG-Lan;MA Xiang-Yang;WU Xiu-Liang. Default Effect in Behavioral Decision Making[J]. , 2011, 19(11): 1675-1683.
[6] LIU Teng-Fei;XU Fu-Ming;ZHANG Jun-Wei;JIANG Duo;CHEN Xue-Ling. Status Quo Bias with A Focus on Psychological Mechanisms, Its Influential Factors and Application Inspirations[J]. , 2010, 18(10): 1636-1643.
[7] LIU Teng-FEI; XU Fu-Ming; ZHANG Jun-Wei; JIANG Duo; CHEN Xue-Ling. The Psychological Mechanism and Influential Factors of Endowment Effect[J]. , 2010, 18(04): 646-654.
[8] LIU Huan;LIANG Zhu-Yuan;LI Shu. Loss Aversion in Behavior Economics[J]. , 2009, 17(04): 788-794.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed   
Copyright © Advances in Psychological Science
Support by Beijing Magtech