The Psychological Science of Money

Money. The root of all evil? Arguably. Essential to our lives? Certainly. A main driver of human thought, emotion, and action? Absolutely--and psychology and its related fields are getting closer to understanding its complex role in human behavior and in

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he Psychological Science of Money

The Psychological Science of Money

Erik Bijleveld • Henk Aarts Editors

The Psychological Science of Money

Editors Erik Bijleveld Behavioural Science Institute Radboud University Nijmegen Nijmegen, The Netherlands

Henk Aarts Department of Psychology Utrecht University Utrecht, The Netherlands

Department of Psychology Utrecht University Utrecht, The Netherlands

ISBN 978-1-4939-0958-2 ISBN 978-1-4939-0959-9 (eBook) DOI 10.1007/978-1-4939-0959-9 Springer New York Heidelberg Dordrecht London Library of Congress Control Number: 2014943644 © Springer Science+Business Media New York 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Contents

Part I

An Introduction to the Science of Money

1

A Psychological Perspective on Money ................................................. Erik Bijleveld and Henk Aarts

3

2

Money: Metaphors and Motives ............................................................ Stephen E.G. Lea and Paul Webley

21

3

Materiality, Symbol, and Complexity in the Anthropology of Money .................................................................................................. Taylor C. Nelms and Bill Maurer

Part II 4

37

Dealing with Money: Biological and Cognitive Mechanisms

Conscious and Unconsc