Heightened interpersonal security ‘cuts monetary value of possessions’

March 4th, 2011 - 1:25 pm ICT by ANI  

Washington, March 04 (ANI): A new research from the University of New Hampshire has suggested that people who feel more secure in receiving love and acceptance from others place less monetary value on their possessions.

Edward Lemay, assistant professor of psychology at UNH, who conducted the research with his colleagues at Yale University, found that people who had heightened feelings of interpersonal security - a sense of being loved and accepted by others - placed a lower monetary value on their possession than people who did not.

In their experiments, the researchers measured how much people valued specific items, such as a blanket and a pen. In some instances, people who did not feel secure placed a value on an item that was five times greater than the value placed on the same item by more secure people.

“People value possessions, in part, because they afford a sense of protection, insurance, and comfort,” said Lemay.

“But what we found was that if people already have a feeling of being loved and accepted by others, which also can provide a sense of protection, insurance, and comfort, those possessions decrease in value.”

The research is presented in the Journal of Experimental Social Psychology in the article “Heightened interpersonal security diminishes the monetary value of possessions.” (ANI)

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