Money and power : how feelings of power drive financial decisions
Abstract/Contents
- Abstract
- How can we facilitate more responsible financial decision making among consumers? Although explanations abound for why people fail to save money for the future and adequately monitor their finances, the majority of proposed explanations rely on relatively stable factors. In this dissertation, I focus on a small psychological shift in individuals' mindset -- whether they feel powerful -- and show that this shift in felt power increases both saving and money monitoring. By exploring the effect of power on money management through various methods of construct activation, including recall tasks, imagination scenarios, and furniture manipulations, this work demonstrates the robustness of the effect, identifies specific instances when the effect does not occur, and more broadly provides insights into the psychology of power and money management.
Description
| Type of resource | text |
|---|---|
| Form | electronic; electronic resource; remote |
| Extent | 1 online resource. |
| Publication date | 2015 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Associated with | Garbinsky, Emily Nicole |
|---|---|
| Associated with | Stanford University, Graduate School of Business. |
| Primary advisor | Aaker, Jennifer Lynn |
| Primary advisor | Huang, Szu-chi |
| Thesis advisor | Aaker, Jennifer Lynn |
| Thesis advisor | Huang, Szu-chi |
| Thesis advisor | Shiv, Baba, 1960- |
| Advisor | Shiv, Baba, 1960- |
Subjects
| Genre | Theses |
|---|
Bibliographic information
| Statement of responsibility | Emily Nicole Garbinsky. |
|---|---|
| Note | Submitted to the Graduate School of Business. |
| Thesis | Thesis (Ph.D.)--Stanford University, 2015. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2015 by Emily Nicole Garbinsky
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
Also listed in
Loading usage metrics...