The psychology of money
The psychology of money
StatusVoR
Alternative title
Authors
Gąsiorowska, Agata
Zaleśkiewicz, Tomasz
Monograph
Handbook of research methods in behavioural economics : an interdisciplinary approach
Monograph (alternative title)
Editor
Altman, Morris
Date
2023-03-17
Place of publication
Publisher
Edward Elgar Publishing
Journal title
Handbook of Research Methods in Behavioural Economics
Volume
Pages
209–225
ISSN
ISBN
9781839107948
9781839107931
9781839107931
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Abstract PL
Abstract EN
Money is typically defined as a means of exchange - a universal economic force that allows people to fulfil their needs by purchasing goods. Psychological science, however, shows that money may be an end in itself, influencing both social relations and intrapersonal regulations. This chapter provides insight into the psychology of money. We argue that people’s beliefs and behaviours concerning money’s purchasing power and its symbolic meanings go far beyond its understanding as an economic force and diverge from assumptions underlying models developed in economics. We show how people assign subjective value to money, and which factors might affect these valuations. We review studies of the symbolic meaning of money and provide insights into various methods of exploring such a meaning, including money priming and the psychometric measurement of attitudes towards money. Finally, we offer potential new directions for investigating the psychology of money and suggest practical implications of the presented findings.
Abstract other
Keywords PL
Keywords EN
money
psychology of money
subjective value
symbolic meaning of money
money attitudes
money priming
psychology of money
subjective value
symbolic meaning of money
money attitudes
money priming
Keywords other
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Instytut Psychologii
Wydział Psychologii we Wrocławiu
Wydział Psychologii we Wrocławiu
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Pieniądze i etyka. Konsekwencje zorientowania umysłu na wartości rynkowe wskutek kontaktu z pieniędzmi dla przestrzegania lub łamania standardów etycznych
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10Acquisition Date4.04.2025
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1Acquisition Date4.04.2025