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Why Is Friday Better than Sunday?

Author

Listed:
  • Sergio Da Silva
  • Raul Matsushita
  • Eduarda Korzenowski

Abstract

We present survey evidence that most people prefer Friday to Sunday. Moreover, we pit against one another two explanations for this fact, the joy of anticipation hypothesis and the Weber law. According to the joy of anticipation hypothesis, Friday promises a weekend ahead, and Sunday does not. The Weber law predicts a relative decrease in the perception of interesting new events as the weekend passes, contributing to the impression that time is shortened as Sunday comes. Our findings favour the joy of anticipation hypothesis. JEL: D91, D15

Suggested Citation

  • Sergio Da Silva & Raul Matsushita & Eduarda Korzenowski, 2024. "Why Is Friday Better than Sunday?," Journal of Interdisciplinary Economics, , vol. 36(1), pages 98-104, January.
    • Handle: RePEc:sae:jinter:v:36:y:2024:i:1:p:98-104
    DOI: 10.1177/02601079221083490
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    References listed on IDEAS

    as
    1. Loewenstein, George, 1987. "Anticipation and the Valuation of Delayed Consumption," Economic Journal, Royal Economic Society, vol. 97(387), pages 666-684, September.
    2. Lowenstein, George & Prelec, Drazen, 1991. "Negative Time Preference," American Economic Review, American Economic Association, vol. 81(2), pages 347-352, May.
    3. Campara, Jessica & Da Costa, Newton & Matsushita, Raul & Da Silva, Sergio, 2021. "Two selves and two minds in a longitudinal survey of risk attitudes," Journal of Behavioral and Experimental Finance, Elsevier, vol. 29(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    The joy of anticipation hypothesis; Weber law; The fundamental law of psychophysics; Negative temporal preference; utility of anticipation;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving

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