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Shame for money: Shame enhances the incentive value of economic resources – RETRACTED

Published online by Cambridge University Press:  01 January 2023

Chia-Chi Wang
Affiliation:
National Sun Yat-sen University, Kaohsiung, Taiwan
Ying-Yao Cheng
Affiliation:
National Sun Yat-sen University, Kaohsiung, Taiwan
Wen-Bin Chiou*
Affiliation:
Institute of Education, National Sun Yat-sen University, 70 Lien-Hai Rd., Kaohsiung, 80424, Taiwan, ROC
Chun-Chia Kung
Affiliation:
National Cheng Kung University, Tainan, Taiwan
*
Corresponding author: Email: wbchiou@mail.nsysu.edu.tw.
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Abstract

Shame leads to devaluation of the social self, and thus to a desire to improve self-esteem. Money, which is related to the notion of one’s ability, may help people demonstrate competence and gain self-esteem and respect from others. Based on the perspectives of feelings-as-information and threatened ego, we tested the hypothesis that a sense of shame heightens the desire for money, prompting self-interested behaviors as reflected by monetary donations and social value orientation. The results showed that subjects in the shame condition donated less money (Experiment 1) and exhibited more self-interested choices in the modified decomposed game (Experiment 2). The desire for money as reflected in overestimated coin sizes mediated the effect of shame on self-interested behavior. Our findings suggest that shame elicits the desire to acquire money to amend the threatened social self and improve self-esteem; however, it may induce a self-interested inclination that could harm social relationships.

Information

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BY
The authors license this article under the terms of the Creative Commons Attribution 3.0 License.
Copyright
Copyright © The Authors [2012] This is an Open Access article, distributed under the terms of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/3.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited.
Figure 0

Table 1: Mean estimates and confidence intervals according to condition in Experiment 1.

Figure 1

Figure 1: Mediation analysis of Experiment 1. Numbers outside parentheses are unstandarized regression coefficients; numbers inside parentheses are the standard errors of regression coefficients. The desire for money was measured by a coin size-estimation task in which larger estimates indicated greater desire for money (1–7). An asterisk indicates a p-value of less than .001.

Figure 2

Table 2: Mean estimates and confidence intervals according to conditions in Experiments 2.

Figure 3

Figure 2: Mediation analysis of Experiment 2. Numbers outside parentheses are unstandarized regression coefficients; numbers inside parentheses are the standard errors of regression coefficients. The desire for money was measured by a coin size-estimation task in which larger estimates indicated greater desire for money (1–7). An asterisk indicates a p-value of less than .001.