People who overuse credit believe products have unrealistic properties
Thursday, April 14, 2011 - 16:20
in Mathematics & Economics
A University of Missouri researcher says people who overuse credit have very different beliefs about products than people who spend within their means. Following a new study, Marsha Richins, Myron Watkins Distinguished Professor of Marketing in the Trulaske College of Business, says many people buy products thinking that the items will make them happier and transform their lives.