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    How to stop people from overspending: the use of default rules

    Werner-Masters, Katarzyna ORCID logoORCID: https://orcid.org/0000-0003-4874-516X (2024) How to stop people from overspending: the use of default rules. The Economic Review.

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    Abstract

    Why are some people irrational when using credit cards? How can those people be helped by UK institutions? How can they help themselves? The critical aspect in this debate is rationality and in this article Kat Werner-Masters explains this notion, showing why people might not be as rational as standard economics would like them to be when shopping.

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