Description
Return two mental-account budget remainders.
Behavioral-economics tasks compare supplied payoffs, reference points, budgets and observed choices. A gap, dominance flag or response fraction illustrates a declared convention without identifying a psychological bias, predicting real choices or selecting a suitable financial action.
Return two mental-account budget remainders.
When to use this tool
Use Mental Account Budget Transfer Residual when checking the stated experimental payoff, budget, reference or choice convention.
How to use the tool and how it works
- Enter firstBudget, secondBudget, transfer, spentFirst, spentSecond. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read firstRemaining, secondRemaining, combinedRemaining. Use the output convention below.
Return two mental-account budget remainders. Require nonnegative budgets/spending and signed transfer between -secondBudget and firstBudget; first remainder subtracts transfer, second adds it, combined remainder is transfer-invariant.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| firstBudget | First Budget | Required. Finite number; minimum 0. |
| secondBudget | Second Budget | Required. Finite number; minimum 0. |
| transfer | Transfer | Required. Finite number. |
| spentFirst | Spent First | Required. Finite number; minimum 0. |
| spentSecond | Spent Second | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| firstRemaining | First Remaining | Required. Finite number. |
| secondRemaining | Second Remaining | Required. Finite number. |
| combinedRemaining | Combined Remaining | Required. Finite number. |
{
"input": {
"firstBudget": 100,
"secondBudget": 50,
"transfer": 20,
"spentFirst": 60,
"spentSecond": 40
},
"output": {
"firstRemaining": 20,
"secondRemaining": 30,
"combinedRemaining": 50
}
}Limitations and assumptions
- Remaining amounts may be negative after spending; this arithmetic does not establish actual preferences, affordability or optimal allocation.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use a well-defined study design and complete data to estimate behavior; assess real financial rights, consequences and uncertainty independently.
References
Similar or alternative tools
- Mental Account Transfer Fee Term
Return balances after a supplied transfer and fee policy.
- Sure Equivalent Budget Share
Return baseline-cost-adjusted sure equivalent as a budget share.