Personal sense of power predicts financial risk-taking propensity: But only when risk-related decisions are made without cognitive load

被引:0
|
作者
Sekscinska, Katarzyna [1 ]
Jaworska, Diana [1 ]
Rudzinska-Wojciechowska, Joanna [2 ]
机构
[1] Univ Warsaw, Fac Psychol, Stawki 5-7, PL-00183 Warsaw, Poland
[2] Kozminski Univ, Ctr Econ Psychol & Decis Sci, Warsaw, Poland
关键词
Power; cognitive load; financial risk-taking; investing; gambling; EXECUTIVE FUNCTION; PERFORMANCE; INHIBITION;
D O I
10.1177/17470218241280654
中图分类号
B84 [心理学];
学科分类号
04 ; 0402 ;
摘要
A significant relationship between a sense of power and financial risk-taking has been established in the literature. However, the boundary conditions for this relationship remain unclear. This article presents the results of an online experimental study (N = 192) that explores the moderating role of cognitive load in the relationship between power and financial risk-taking in the domains of gambling and investing. The findings validate a positive association between a sense of power and financial risk-taking, alongside a negative impact of cognitive load on financial risk. Notably, cognitive load moderates the relationship between power and financial risk-taking in a way that the link is positive when individuals have full access to their cognitive resources, but it becomes nonsignificant when they are under cognitive load.
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页数:12
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