Fast food and financial impatience: a socioecological approach.

  title={Fast food and financial impatience: a socioecological approach.},
  author={Sanford E Devoe and Julian House and Chen-Bo Zhong},
  journal={Journal of personality and social psychology},
  volume={105 3},
We investigated whether the prevalence of fast-food restaurants in the social ecology are associated with greater financial impatience at the national, neighborhood, and individual level. Study 1 shows that the proliferation of fast-food restaurants over the past 3 decades in the developed world was associated with a historic shift in financial impatience, as manifested in precipitously declining household savings rates. Study 2 finds that households saved less when living in neighborhoods with… 

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