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The Effects of Activating the Money Concept on Perseverance and the Preference for Delayed Gratification in Children

Overview of attention for article published in Frontiers in Psychology, April 2016
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Title
The Effects of Activating the Money Concept on Perseverance and the Preference for Delayed Gratification in Children
Published in
Frontiers in Psychology, April 2016
DOI 10.3389/fpsyg.2016.00609
Pubmed ID
Authors

Agata Trzcińska, Katarzyna Sekścińska

Abstract

The psychological model of thinking about money assumes that implicit reminders of money lead to self-sufficient motivation. Previous research has demonstrated that children react to money in similar ways to adults. The priming of young children with money related concepts or images has negatively affected their social behavior and social preferences, leading them to make more individualist and less pro-social choices and be less willing to help others. The aim of this research was to investigate the positive influence of money activation on children's behavior. The participants were 6-8 year old children who do not yet fully understand the instrumental function of money due to their young age. Two experimental studies were performed, the first of which analyzed the effect of perseverance and performance on a challenging task and the second investigated preferences with respect to delaying gratification. Sixty-one children aged 6 took part in the first study and forty-six scout camp participants 6-8 years of age were involved in the second experiment. The results support the hypotheses concerning the effects of money activation stating that (1) money activation influences children's perseverance and effectiveness in difficult individual tasks, and that (2) it increases children's preferences for delayed gratification. These results suggest that money has a symbolic power which may exert both positive and negative effects on children's behavior. Since children between the ages of 6 and 8 do not understand the instrumental function of money fully, certain symbolic meanings of money may have been responsible for the money priming effects. The findings suggest that the symbolic function of money is more primal than its instrumental function and that it probably develops at an earlier stage in life.

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Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 28 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
Singapore 1 4%
Unknown 27 96%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 6 21%
Researcher 4 14%
Student > Master 3 11%
Student > Bachelor 3 11%
Student > Doctoral Student 2 7%
Other 2 7%
Unknown 8 29%
Readers by discipline Count As %
Psychology 13 46%
Biochemistry, Genetics and Molecular Biology 2 7%
Social Sciences 2 7%
Business, Management and Accounting 1 4%
Arts and Humanities 1 4%
Other 1 4%
Unknown 8 29%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 1. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 17 June 2016.
All research outputs
#18,349,015
of 23,577,761 outputs
Outputs from Frontiers in Psychology
#21,494
of 31,442 outputs
Outputs of similar age
#207,190
of 300,739 outputs
Outputs of similar age from Frontiers in Psychology
#326
of 420 outputs
Altmetric has tracked 23,577,761 research outputs across all sources so far. This one is in the 19th percentile – i.e., 19% of other outputs scored the same or lower than it.
So far Altmetric has tracked 31,442 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 12.6. This one is in the 25th percentile – i.e., 25% of its peers scored the same or lower than it.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 300,739 tracked outputs that were published within six weeks on either side of this one in any source. This one is in the 26th percentile – i.e., 26% of its contemporaries scored the same or lower than it.
We're also able to compare this research output to 420 others from the same source and published within six weeks on either side of this one. This one is in the 16th percentile – i.e., 16% of its contemporaries scored the same or lower than it.