Social power loss distorts how money is represented
June 8th, 2010 - 1:54 pm ICT by ANIWashington, June 8 (ANI): New research from Kellogg School of Management at Northwestern University has explored how one’s place in the social hierarchy alters physical representation of monetary objects.
The study has been published in the journal Social Psychology and Personality Science, published by SAGE. It reveals that a sense of powerlessness, even if only temporary, can affect how people physically represent monetary objects.
The authors’ findings have profound implications within all facets of Western culture, ranging from how a marketer should package goods to how policymakers can affect positive change.
“A person’s sense of power is an extremely pervasive feeling in everyday life,” said Adam Galinsky, the Morris and Alice Kaplan Professor of Ethics and Decision in Management at the Kellogg School. “Our findings provide evidence that the relationship between size and value shapes an individual’s physical representation of a given object that is associated with power and status. In particular, there is a prevailing association in Western culture that ‘bigger’ is always ‘better,’ which is why the powerless will often literally view money as physically larger.”
In “The Accentuation Bias: Money Literally Looms Larger (and Sometimes Smaller) to the Powerless,” Professor Galinsky and Associate Professor of Marketing Derek Rucker and Doctoral Candidate David Dubois, examine how one’s position within a social hierarchy can alter their physical representation of valued objects. For the powerless, the subjective value of monetary items is intensified and the physical representations of those items are distorted based on whether there is a positive (bigger is better) or negative (smaller is better) value relationship. For example, a powerless individual will tend to represent a desired house as larger, because the size-to-value relationship of the housing category is positive.
To establish evidence of a power-influenced accentuation bias, four experiments were conducted that explored how one’s place in a power hierarchy alters their representation of valued objects. In the first three experiments, powerless participants physically drew various objects associated with value, such as quarters or poker chips, as larger than powerful or baseline participants. However, in the fourth experiment, when value was inversely associated with size (i.e. smaller objects were more valuable), subjects physically drew their corresponding objects as smaller. For example, cell phones or other nano-technologies are more valuable the smaller they are.
“Our studies experimentally manipulated power to show that there is a causal link between power and how we represent the world of value,” said Professor Rucker. “More important are the implications these findings have for policymakers who can help to change the size-to-value relationship in order to motivate positive behavior for the common good. Altering the size-to-value relationships associated with such things as over-sized vehicles or fast food value meals might have a lasting effect on the environment as well as our health.” (ANI)
- Why powerful people don't practice what they preach - Dec 30, 2009
- Power, alcohol, anonymity make you drop guard - Jun 23, 2011
- Hypocrisy flourishing among powerful, rich and popular - Dec 30, 2009
- Unbridled power fuels overconfidence, bad decisions - Mar 02, 2012
- A perfect posture 'can make a person think and act more powerful' - Jan 07, 2011
- Empathy, self-esteem enhance sexual enjoyment - Jun 05, 2011
- 'Babyface' catalyzes ascension of African-American CEOs - May 01, 2009
- Here's how brain learns to recognize objects - Sep 23, 2010
- Foes seem fearsome when holding a weapon - Apr 12, 2012
- How to build a committed workforce? - Apr 28, 2010
- Study sheds light on asteroid deflection strategy to avert collision - Jan 29, 2011
- Powerdrunk people feel taller and bigger - Jan 24, 2012
- Here's the art behind Nobel citations - Oct 30, 2010
- Nine-month-old babies grasp number, space and time concepts - Jun 16, 2010
- Babies are a lot smarter than we think - Jun 16, 2010
Tags: alice kaplan, associate professor, david dubois, derek rucker, doctoral candidate, everyday life, facets, galinsky, kellogg school of management, marketer, northwestern university, physical representation, physical representations, powerlessness, profound implications, school of management, social hierarchy, social psychology, subjective value, western culture