Make V. Buy - Publications - Faculty & Research

12 Dec 2022
News

Is It Safe to Buy Now, Pay Later?

Article

Wealth-Making in Nineteenth and Early Twentieth Century Britain: Industry v. Commerce and Finance

This paper refutes the hypothesis put forward by W.D. Rubinstein that a disproportionately large share of Britain's wealth makers were active in commercial and financial trades in London. We use a data set of businessmen active in nineteenth- and early... View Details

Keywords: Trade; Finance; Commercialization; Mathematical Methods; Wealth and Poverty; Great Britain; London

Citation

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Web

Buy Now, Pay Later: The Secondary Credit Market

until the middle of the next century. 25 Pawnbrokers everywhere strove to make themselves instantly recognizable to persons, including illiterate ones, desperate for quick cash. In China, pawnbrokers hung a distinctive decorative staff... View Details

24 Oct 2023
Research & Ideas

When Tech Platforms Identify Black-Owned Businesses, White Customers Buy

Generations of Black business owners have had to fight discrimination to prosper in America, but a new study suggests that these entrepreneurs are now gaining more support in parts of the country when they make their presence known. The... View Details

Keywords: by Jay Fitzgerald; Food & Beverage

21 Aug 2013
Research & Ideas

To Buy Happiness, Spend Money on Other People

adhering to five key principles: Buy Experiences (research shows that material purchases are less satisfying than vacations or concerts); Make it a Treat (limiting access to our favorite things will View Details

Keywords: by Carmen Nobel

18 May 2013
News

Money might buy you happiness, if you spend it right

July 2009 (Revised July 2009)
Case

Blue Ocean or Stormy Waters? Buying Nix Check Cashing

By: Peter Tufano

Kinecta Federal Credit Union has the opportunity to purchase Nix Check Cashing as part of their "blue ocean" strategy to reach the financially underserved and increase credit union membership and deposits. But they face financial as well as reputational risk. Check... View Details

Keywords: Mergers and Acquisitions; Credit; Financing and Loans; Personal Finance; Strategic Planning; Partners and Partnerships; Reputation; Banking Industry; Financial Services Industry

Citation

Educators

Purchase

20 May 2021
News

Hubert Joly's 'Human Magic' and Spiritual Enlightenment Resurrected Best Buy

Web

Buy Now, Pay Later: The Usurer's Grip (1912)

didactic message, makes The Usurer’s Grip a period piece. But its plot and the plight of its protagonists are eerily modern. Nearly one hundred years ago, unwary borrowing from unscrupulous lenders had the power to drive a family to the... View Details

17 Aug 2023
Research & Ideas

‘Not a Bunch of Weirdos’: Why Mainstream Investors Buy Crypto

large-scale adoption.” Yet while crypto investors might have a higher risk tolerance than more typical investors, in many ways they’re more mainstream than some might imagine, Di Maggio says. Crypto investors, he says, make decisions... View Details

Keywords: by Ben Rand

Article

Prosocial Spending and Buying Time: Money as a Tool for Increasing Subjective Well-Being

By: Elizabeth Dunn, A.V. Whillans, Michael I. Norton and Lara B. Aknin

Researchers have long been interested in the relationship between income and happiness, but a newer wave of work suggests that how people use their money also matters. We discuss the three primary areas in which psychologists have explored the relationship... View Details

Keywords: Wellbeing; Money; Spending; Decision Making; Happiness; Well-being

Citation

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2018
Article

Overcoming Barriers to Time-Saving: Reminders of Future Busyness Encourage Consumers to Buy Time

By: A. V. Whillans, Elizabeth W. Dunn and Michael I. Norton

Spending money on time-saving purchases improves happiness. Yet, people often fail to spend their money in this way. Because most people believe that the future will be less busy than the present, they may underweight the value of these purchases. We examine the impact... View Details

Keywords: Consumer Choice; Sharing Economy; Opportunity Cost; Time-as Money; Well-being; Time Management; Happiness; Perception; Behavior

Citation

Purchase

12 Jun 2006
Research & Ideas

The Promise of Channel Stewardship

Most company distribution systems are designed ad-hoc when needed, and serve neither value chain partners nor end users well—just look at the frustrating new-car buying process set up by American auto makers. At the same time, says... View Details

Keywords: by V. Kasturi Rangan & Marie Bell; Consumer Products

Web

Buy Now, Pay Later: Research Links - Secondary Resources

Glen. Financing the American Dream: A Cultural History of Consumer Credit (Princeton, N.J: Princeton University Press, 1999). Chutkow, Paul. Visa: The Power of an Idea , 1st ed. (Chicago, IL: Harcourt, 2001). Clarke, Sally H. Trust and Power: Consumers, the Modern... View Details

09 Aug 2013
Research & Ideas

Read All About It: Digital CEO Buys Traditional Media!

that, few newspapers have the historical cachet of the Washington Post—and therefore more to lose from making the wrong call. So news of the Post's ownership changing hands from the Graham family to Amazon's Jeff Bezos—after seven... View Details

Keywords: by Jim Aisner; Journalism & News; Publishing