“…Extant social psychological research has established that state-level disempowerment increases vulnerability to compromised decision-making and social threats that parallel effects of chronic disempowerment. For example, when people were primed to feel disempowered, they focused more on immediate relief (Baumeister, 2002; Tice et al, 2001), engaged more in temporal discounting when smaller short-term financial gains were chosen over larger long-term financial gains (Joshi & Fast, 2013; May & Monga, 2014; Moon & Chen, 2014), and became more oriented to others’ interests and potential social threats (Brinol et al, 2007; Keltner et al, 2003). Furthermore, disempowerment led to an increase in high-risk (vs. low-risk) financial decision-making in an effort to elevate social status (Mishra et al, 2014), including the willingness to pay for luxury goods (Rucker & Galinsky, 2008).…”