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The Psychological Consequences of Money

2006/11/16 by Kathleen D. Vohs, Nicole L. Mead, Miranda Goode · 3 citations
Decision Sciences · Psychology · Social Sciences · #Decision-Making and Behavioral Economics #Experimental Behavioral Economics Studies #Psychological Well-being and Life Satisfaction

paper · doi:10.1126/science.1132491

openalex publication_date 2006/11/16 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/04

Abstract

Money has been said to change people's motivation (mainly for the better) and their behavior toward others (mainly for the worse). The results of nine experiments suggest that money brings about a self-sufficient orientation in which people prefer to be free of dependency and dependents. Reminders of money, relative to nonmoney reminders, led to reduced requests for help and reduced helpfulness toward others. Relative to participants primed with neutral concepts, participants primed with money preferred to play alone, work alone, and put more physical distance between themselves and a new acquaintance.

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