Highlights
Research
Olson, Jenny, and Scott Rick (2023), “Subjective Knowledge Differences within Couples Predict Influence Over Shared Financial Decisions,” Journal of the Association for Consumer Research.
Olson, Jenny, Scott Rick, Deborah Small, and Eli Finkel (2023), “Common Cents: Bank Account Structure and Couples’ Relationship Dynamics,” Journal of Consumer Research.
Olson, Jenny, and Scott Rick (2022), “You Spent How Much? Toward an Understanding of How Romantic Partners Respond to Each Other’s Financial Decisions,” Current Opinion in Psychology, 43 (February), 70-74.
Press
How to Adjust Your Brain for 8.5% Inflation
Wall Street Journal
Speaking of Psychology Podcast on Tightwads and Spendthrifts
American Psychological Association
A Spendthrift 5-Year-Old? Researchers Say Yes
Wall Street Journal
Scott Rick is an Associate Professor of Marketing at the University of Michigan’s Ross School of Business. Rick received his PhD in Behavioral Decision Research from Carnegie Mellon in 2007, and he then spent two years as a post-doctoral fellow at Wharton. Rick’s research focuses on understanding the emotional causes and consequences of consumer financial decision-making, with a particular interest in the behavior of tightwads and spendthrifts. The overarching goal of his work is to understand when and why consumers behave differently than they should behave (defined by an economically rational benchmark, a happiness-maximizing benchmark, or by how people think they should behave), and to develop marketing and policy interventions to improve consumers’ decision making and well-being.
Media Mentions
