alexa Purchase Patterns affected by Budget Spending Rules
ISSN: 2161-0487

Journal of Psychology & Psychotherapy
Open Access

Like us on:
OMICS International organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Open Access Journals gaining more Readers and Citations

700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ Readers

This Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)

Research Article

Purchase Patterns affected by Budget Spending Rules

Ken Mogi1* and Yoshi Tamori2

1Sony Computer Science Laboratories, 3-14-13 Higashi-Gotanda, Shinagawa-ku, Tokyo 141-0022, Japan

2Human Information Systems Laboratory, Kanazawa Institute of Technology, 3-1 Yatsukaho, Hakusan, Ishikawa 924-0838, Japan

Corresponding Author:
Ken Mogi
Sony Computer Science Laboratories,
Fundamental Research Laboratory, 3-14-13 Higashi-Gotanda
Shinagawa-ku, Tokyo 141-0022, Japan
Tel: +81-90-4751-4466
E-mail: [email protected]

Received date: September 09, 2015; Accepted date: November 04, 2015; Published date: November 11, 2015

Citation: Mogi K, Tamori Y (2015) Purchase Patterns affected by Budget Spending Rules. J Psychol Psychother 5:218. doi:10.4172/2161-0487.1000218

Copyright: © 2015 Mogi K, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.



The efficient spending of public money is a matter of social concern. In the regulations of many countries, at the end of fiscal year, the unused budget “expires” and the remaining money is returned to the treasury, with the budget for the following year possibly reduced. In response, people in their spending capacities tend to use up the remaining budget towards the end of the year, in a “use it or lose it” mentality. Here we reproduce this “end-of-year spending binge” in an experiment, where subjects tend to spend excessively towards the end of fiscal year. We show that by modifying the budget rule so that the remaining money is “carried over”, the excessive spending can be significantly curbed. Our results suggest that experiments in the laboratory can be used to study people’s budget spending behavior and identify factors that affect wasteful overspending, potentially helping design financial rules that encourage effective use of budget.


Share This Page

Additional Info

Loading Please wait..
Peer Reviewed Journals
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

Agri, Food, Aqua and Veterinary Science Journals

Dr. Krish

[email protected]

1-702-714-7001 Extn: 9040

Clinical and Biochemistry Journals

Datta A

[email protected]

1-702-714-7001Extn: 9037

Business & Management Journals


[email protected]

1-702-714-7001Extn: 9042

Chemical Engineering and Chemistry Journals

Gabriel Shaw

[email protected]

1-702-714-7001 Extn: 9040

Earth & Environmental Sciences

Katie Wilson

[email protected]

1-702-714-7001Extn: 9042

Engineering Journals

James Franklin

[email protected]

1-702-714-7001Extn: 9042

General Science and Health care Journals

Andrea Jason

[email protected]

1-702-714-7001Extn: 9043

Genetics and Molecular Biology Journals

Anna Melissa

[email protected]

1-702-714-7001 Extn: 9006

Immunology & Microbiology Journals

David Gorantl

[email protected]

1-702-714-7001Extn: 9014

Informatics Journals

Stephanie Skinner

[email protected]

1-702-714-7001Extn: 9039

Material Sciences Journals

Rachle Green

[email protected]

1-702-714-7001Extn: 9039

Mathematics and Physics Journals

Jim Willison

[email protected]

1-702-714-7001 Extn: 9042

Medical Journals

Nimmi Anna

[email protected]

1-702-714-7001 Extn: 9038

Neuroscience & Psychology Journals

Nathan T

[email protected]

1-702-714-7001Extn: 9041

Pharmaceutical Sciences Journals

John Behannon

[email protected]

1-702-714-7001Extn: 9007

Social & Political Science Journals

Steve Harry

[email protected]

1-702-714-7001 Extn: 9042

© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version