Dirty Money: The Role of Moral History in Economic Judgments.
Abstract
Although traditional economic models posit that money is fungible, psychological research abounds with examples that deviate from this assumption. Across eight experiments, we provide evidence that people construe physical currency as carrying traces of its moral history. In Experiments 1 and 2, people report being less likely to want money with negative moral history (i.e., stolen money). Experiments 3-5 provide evidence against an alternative...
Paper Details
Title
Dirty Money: The Role of Moral History in Economic Judgments.
Published Date
Apr 1, 2017
Journal
Volume
41
Pages
523 - 544
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Notes
History