The Perceived Value of Small Coins

Furnham, Adrian

doi:10.1080/00224545.1985.9712030

Cited by 7 publications

(4 citation statements)

References 11 publications

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“…There are no standardized procedures for such comparisons in behavioral economics. However, behavioral studies comparing the perceived size of coins and the propensity to pick them up from the street found that rich individuals value coins less than poorer individuals (Bruner and Goodman, 1947;Furnham, 1985). This behavioral result was confirmed in the present study.…”

Section: Discussionsupporting

confidence: 86%

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Learning-Related Human Brain Activations Reflecting Individual Finances

Tobler

Fletcher

Bullmore

et al. 2007

Neuron

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A basic tenet of microeconomics suggests that the subjective value of financial gains decreases with increasing assets of individuals ("marginal utility"). Using concepts from learning theory and microeconomics, we assessed the capacity of financial rewards to elicit behavioral and neuronal changes during reward-predictive learning in participants with different financial backgrounds. Behavioral learning speed during both acquisition and extinction correlated negatively with the assets of the participants, irrespective of education and age. Correspondingly, response changes in midbrain and striatum measured with functional magnetic resonance imaging were slower during both acquisition and extinction with increasing assets and income of the participants. By contrast, asymptotic magnitudes of behavioral and neuronal responses after learning were unrelated to personal finances. The inverse relationship of behavioral and neuronal learning speed with personal finances is compatible with the general concept of decreasing marginal utility with increasing wealth.

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Section: Discussionsupporting

confidence: 86%

“…interviewed the participants about the frequency with which they would pick up a 20 pence coin from the street (Furnham, 1985). This measure correlated negatively with assets and income (Figure 1E), again suggesting a progressively lower marginal utility of 20 pence for increasingly rich participants.…”

Section: Task Finances and Behaviormentioning

confidence: 95%

Learning-Related Human Brain Activations Reflecting Individual Finances

Tobler

Fletcher

Bullmore

et al. 2007

Neuron

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“…Entre os diversos tópicos abordados por esta disciplina, encontram-se temas tais como: posses materiais (Belk, 1991;Furby, 1991), o papel do dinheiro na dinâmica familiar (Burgoyne, 1995;Kirchler, 1993), manejo cotidiano do dinheiro incluindo débito e poupança (Groenland, Bloem & Kuylen, 1996;Lea, Webley & Walker, 1995), propriedades físicas do dinheiro (Furnham, 1985;Snelders, Hussein, Lea & Webley, 1992), e a mensuração do significado ou atitudes para dinheiro (Furnham, 1984;Tang, 1992;Wernimont & Fitzpatrick, 1972;Yamauchi & Templer, 1982). Entretanto, não existe uma articulação teórica ou metodológica que organize os estudos empíricos encontrados em cada um destes tópicos (Lewis & cols., 1995).…”

Section: O Estudo Do Dinheiro Na Psicologiaunclassified

Escala de significado do dinheiro: desenvolvimento e validação

Moreira

Tamayo

1999

Psic.: Teor. e Pesq.

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A carência de instrumentos de mensuração confiáveis tem atrasado o desenvolvimento da pesquisa psicológica sobre dinheiro e fenômenos relacionados. O objetivo deste trabalho foi desenvolver e validar uma Escala de Significado do Dinheiro. Para desenvolver a escala, dados preliminares foram coletados com amostra heterogênea de 61 sujeitos e organizados através de procedimento incluindo análises de conteúdo, combinatória, semântica e de juízes. A compreensão teórica baseou-se em referencial das ciências sociais, resultando em um modelo hipotético com 10 fatores. A escala foi validada em amostra heterogênea com 1.464 sujeitos de todas as regiões brasileiras. Os resultados apontaram uma estrutura multifatorial ortogonal, confirmada separadamente para homens e mulheres, e constituída por 9 componentes: os alpha de Cronbach variaram entre 0,70 e 0,88 para 6 componentes; os demais foram 0,66, 0,67 e 0,57. Comparada aos estudos anteriores, esta escala apresenta avanços e abre novas possibilidades para pesquisas psicológicas em temas relacionados a dinheiro.

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“…Indeed, more and more research (at least in the areas of person perception, attitudes, etc.) appears to be using unobtrusive measures (Bochner, 1980; Furnham, 1985), and studies using every description and explanation of people and behavior are growing (Antaki, 1981; Bromley, 1977). To gain some idea of the above, The Times ' (of London) correspondence on the Burt Scandal was examined.…”

mentioning

confidence: 99%

The Perceived Value of Small Coins

Cited by 7 publications

References 11 publications

Learning-Related Human Brain Activations Reflecting Individual Finances

Learning-Related Human Brain Activations Reflecting Individual Finances

Escala de significado do dinheiro: desenvolvimento e validação

Popular interest in psychological findings: The Times correspondence over the Burt scandal.

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