Thursday, 6 September 2012

CO2 #3 Kathleen Vohs on Money’s Situational Effects (via The Situationist)

Money changes people’s motivations — increasing their sense of self sufficiency and even making them keep a greater physical distance from others. After focusing on money, individuals work longer before asking for help, are less helpful to others, and prefer to play and work alone. Kathleen D. Vohs presented at the “Small Steps, Big Leaps: The Science of Getting People to Do the Right Thing” research briefing at the Stanford Graduate School of Business, co-sponsored by the Center for Social Innovation.

Check this video from Prof. Kathleen Vohs concerning the effect of money reminders on peoples' motivations: MoneyBehavior 

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