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    돈 예열의 이중적 효과와 제품 혜택의 조절 작용 = Dual Influences of Money Priming and the Moderating Role of Benefit Type

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    https://www.riss.kr/link?id=A101759360

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    다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

    Money is a double-faceted construct associated with both “power” and “cost”. Consistent with this notion, prior research has shown that individuals primed with the concept of money have been shown to desire greater social power and status in some situations. However, in other situations money prime has shown to highlight the importance of cost saving, leading to choice of lower benefit lower price options. This seemingly contradicting findings from psychology and marketing literature has interesting implication for consumer decisions involving a trade-off between social status and cost (e.g., higher credit card membership fee for the use of business lounge in an airport). In this research we propose and demonstrate that whether money will enhances the weights of “power” or “cost” depends on the nature of the benefit offered by target choice. Specifically, when the product offers power related benefit, money priming will highlight the importance of gaining “social status”, thus increasing preference for an option that offers higher social status at higher cost (vs. lower status at lower cost). However, when the cost (reduction)-related benefit is offered, reversed pattern of consumer preference will be found. However, the results of two experiments showed the hypothesized effect only under “power” condition but not under “cost” condition.
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    Money is a double-faceted construct associated with both “power” and “cost”. Consistent with this notion, prior research has shown that individuals primed with the concept of money have been shown to desire greater social power and status in s...

    Money is a double-faceted construct associated with both “power” and “cost”. Consistent with this notion, prior research has shown that individuals primed with the concept of money have been shown to desire greater social power and status in some situations. However, in other situations money prime has shown to highlight the importance of cost saving, leading to choice of lower benefit lower price options. This seemingly contradicting findings from psychology and marketing literature has interesting implication for consumer decisions involving a trade-off between social status and cost (e.g., higher credit card membership fee for the use of business lounge in an airport). In this research we propose and demonstrate that whether money will enhances the weights of “power” or “cost” depends on the nature of the benefit offered by target choice. Specifically, when the product offers power related benefit, money priming will highlight the importance of gaining “social status”, thus increasing preference for an option that offers higher social status at higher cost (vs. lower status at lower cost). However, when the cost (reduction)-related benefit is offered, reversed pattern of consumer preference will be found. However, the results of two experiments showed the hypothesized effect only under “power” condition but not under “cost” condition.

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    참고문헌 (Reference)

    1 안서원, "돈과 권력이 대인간 거리에 미치는 영향" 한국사회및성격심리학회 27 (27): 47-58, 2013

    2 Gasiorrowska, A., "Would You Do Something for Me? The Effects of Money Activation on Social Preferences and Social Behavior in Young Children" 33 (33): 603-608, 2012

    3 Wheeler, S. Christian., "When the Same Prime Leads to Different Effects" 34 (34): 357-368, 2007

    4 Mandel, Naomi., "When Web Pages Influence Choice : Effects of Visual Primes on Experts and Novices" 29 (29): 235-245, 2002

    5 Sela, Aner., "Unraveling priming : When Does the Same Prime Activate a Goal Versus a Trait?" 36 (36): 418-433, 2009

    6 Mogilner, Cassie., "The time vs. money effect : Shifting product attitudes and decisions through personal connection" 36 (36): 277-291, 2009

    7 Zhou, Xinyue., "The Symbolic Power of Money : Reminders of Money Alter Social Distress and Physical Pain" 20 (20): 700-706, 2009

    8 Aarts, Henk., "The Silence of the Library : Environment, Situational Norm, and Social Behavior" 84 (84): 18-28, 2003

    9 Prelec, Drazen., "The Red and the Black : Mental Accounting of Savings and Debt" 17 (17): 4-28, 1998

    10 Vohs, Kathleen D., "The Psychological Consequences of Money" 314 (314): 1154-1156, 2006

    1 안서원, "돈과 권력이 대인간 거리에 미치는 영향" 한국사회및성격심리학회 27 (27): 47-58, 2013

    2 Gasiorrowska, A., "Would You Do Something for Me? The Effects of Money Activation on Social Preferences and Social Behavior in Young Children" 33 (33): 603-608, 2012

    3 Wheeler, S. Christian., "When the Same Prime Leads to Different Effects" 34 (34): 357-368, 2007

    4 Mandel, Naomi., "When Web Pages Influence Choice : Effects of Visual Primes on Experts and Novices" 29 (29): 235-245, 2002

    5 Sela, Aner., "Unraveling priming : When Does the Same Prime Activate a Goal Versus a Trait?" 36 (36): 418-433, 2009

    6 Mogilner, Cassie., "The time vs. money effect : Shifting product attitudes and decisions through personal connection" 36 (36): 277-291, 2009

    7 Zhou, Xinyue., "The Symbolic Power of Money : Reminders of Money Alter Social Distress and Physical Pain" 20 (20): 700-706, 2009

    8 Aarts, Henk., "The Silence of the Library : Environment, Situational Norm, and Social Behavior" 84 (84): 18-28, 2003

    9 Prelec, Drazen., "The Red and the Black : Mental Accounting of Savings and Debt" 17 (17): 4-28, 1998

    10 Vohs, Kathleen D., "The Psychological Consequences of Money" 314 (314): 1154-1156, 2006

    11 Soman, Dilip, "The Mental Accounting of Sunk Time Costs : Why Time Is Not like Money" 14 (14): 169-185, 2001

    12 Tang, Thomas Li-Ping, "The Meaning of Money Revisited" 13 (13): 197-202, 1992

    13 Liu, Wendy., "The Happiness of Giving : The Time-Ask Effect" 35 (35): 543-557, 2008

    14 Wheeler, S. Christian., "The Effects of Stereotype Activation on Behavior : A Review of Possible Mechanisms" 127 (127): 797-826, 2001

    15 Yamauchi, Kent T., "The Development of a Money Attitude Scale" 46 (46): 522-528, 1982

    16 See, Kelly E., "The Detrimental Effects of Power on Confidence, Advice Taking, and Accuracy" 116 (116): 272-285, 2011

    17 Laran, Juliano., "The Curious Case of Behavioral Backlash : Why Brands Produce Priming Effects and Slogans Produce Reverse Priming Effects" 37 (37): 999-1014, 2011

    18 Okada, Erica Mina., "Spending Time versus Spending Money" 31 (31): 313-323, 2004

    19 DeMarree, Kenneth G., "Priming a New Identity : Self-Monitoring Moderates the Effects of Nonself Primes on Self-Judgments and Behavior" 89 (89): 657-671, 2005

    20 Herr, Paul M., "Priming Price : Prior Knowledge and Context Effects" 16 (16): 67-75, 1989

    21 Tost, Leigh Plunkett., "Power, Competitiveness, and Advice Taking : Why the Powerful Don’t Listen" 117 (117): 53-65, 2012

    22 Galinsky, Adam D., "Power and Perspectives Not Taken" 17 (17): 1068-1074, 2006

    23 Galinsky, Adam D., "Power Reduces the Press of the Situation : Implications for Creativity, Conformity, and Dissonance" 95 (95): 1450-1466, 2008

    24 Chartrand, Tanya L., "Nonconscious Goals and Consumer Choice" 35 (35): 189-201, 2008

    25 Lee, Leonard., "Money, Time, and the Stability of Consumer Preferences" 52 (52): 184-199, 2015

    26 Lea, Stephen E. G., "Money as Tool, Money as Drug : The Biological Psychology of a Strong Incentive" 29 (29): 161-209, 2006

    27 Dewitte, Siegfried, "Money and the Autonomy Instinct" 29 (29): 184-185, 2006

    28 Hansen, Jochim., "Money and Thinking : Reminders of Money Trigger Abstract Construal and Shape Consumer Judgments" 39 (39): 1154-1166, 2013

    29 Muro, Fabrizio Di., "Money Isn’t Everything, but It Helps If It Doesn’t Look Used : How the Physical Appearance of Money Influences Spending" 39 (39): 1330-1342, 2013

    30 Mishra, Himanshu., "Money : A Bias for the Whole" 32 (32): 541-549, 2006

    31 Furnham, Adrian, "Many Sides of the Coin:The Psychology of Money Usage" 5 (5): 501-509, 1984

    32 Whitney, Carin., "Heterogeneity of the Left Temporal Lobe in Semantic Representation and Control : PrimingMultiple Versus Single Meanings of Ambiguous Words" 21 (21): 831-844, 2011

    33 Rucker, Derek D., "Generous Paupers and Stingy Princes : Power Drives Consumer Spending on Self versus Others" 37 (37): 1015-1029, 2011

    34 Johar, Gita V., "Gender Typed Advertisements and Impression Formation : The Role of Chronic and Temporary Accessibility" 13 (13): 220-229, 2003

    35 Davis, Derick F., "From Bye to Buy : Homophones as a Phonological Route to Priming" 40 (40): 1063-1077, 2014

    36 Bettman, James R., "Effects of Framing on Evaluation of Comparable and Noncomparable Alternatives by Expert and Novice Consumers" 14 (14): 141-154, 1987

    37 Yan, Dengfeng., "Effects of Construal Level on the Price-Quality Relationship" 38 (38): 376-389, 2011

    38 Goldberg, Lewis R., "Differential Attribution of Trait-descriptive Terms to Oneself as Compared to Well-liked, Neutral, and DislikedOthers : APsychometric Analysis" 36 (36): 1012-1028, 1978

    39 Yi, Youjae, "Contextual Priming Effects in Print Advertisements : The Moderating Role of Prior Knowledge" 22 (22): 1-10, 1993

    40 Hong, Ying-Yi., "Boundaries of Cultural Influence Construct Activation as a Mechanism for Cultural Differences in Social Perception" 34 (34): 453-464, 2003

    41 Bargh, John A., "Automaticity of Social Behavior : Direct Effects of Trait Construct and Stereotype Activation on Action" 71 (71): 230-244, 1996

    42 Fitzsimons, Gráinne M., "Automatic Effects of Brand Exposure on Motivated Behavior : How Apple Makes You"Think Different" 35 (35): 21-35, 2008

    43 Higgins, E. Tory., "Accessibility and Applicability : Some ‘Activation Rules’ Influencing Judgment" 31 (31): 218-243, 1995

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