Get Rid of Your Pennies If You’Re Looking For Relaxation: the Role of Money in Psychological Tension

Results of two studies investigate the psychological consequences of money. The concept of money increases psychological tensions such as stress, anxiety, and depression for money owners. Specially, reminders of possessing low denominations of money such as coins increase the owner’s psychological tension.



Citation:

Mehdi Akhgari, Hamed Aghakhani, and Kelley Main (2013) ,"Get Rid of Your Pennies If You’Re Looking For Relaxation: the Role of Money in Psychological Tension", in NA - Advances in Consumer Research Volume 41, eds. Simona Botti and Aparna Labroo, Duluth, MN : Association for Consumer Research.

Authors

Mehdi Akhgari, University of Manitoba, Canada
Hamed Aghakhani, University of Manitoba, Canada
Kelley Main, University of Manitoba, Canada



Volume

NA - Advances in Consumer Research Volume 41 | 2013



Share Proceeding

Featured papers

See More

Featured

R5. Autonomy or Enjoyment? The Contingent Nature of Brand Ritual

Yaxuan Ran, Zhongnan University of Economics and Law
Echo Wen Wan, University of Hong Kong

Read More

Featured

How Categories Transform Markets through Non-Collective, Non-Strategic Collaboration

Pierre-Yann Dolbec, Concordia University, Canada
Shanze Khan, Concordia University, Canada

Read More

Featured

Search Predicts and Changes Patience in Intertemporal Choice

Crystal Reeck, Temple University, USA
Lee Byung, Columbia University, USA
Eric J Johnson, Columbia University, USA

Read More

Engage with Us

Becoming an Association for Consumer Research member is simple. Membership in ACR is relatively inexpensive, but brings significant benefits to its members.