Hostname: page-component-cd9895bd7-lnqnp Total loading time: 0 Render date: 2024-12-28T14:48:04.288Z Has data issue: false hasContentIssue false

Money and the autonomy instinct

Published online by Cambridge University Press:  05 April 2006

Siegfried Dewitte*
Affiliation:
Marketing Research Center, K.U.Leuven, Naamsestraat 69, Leuven, 3000Belgiumhttp://www.econ.kuleuven.be/siegfried.dewitte

Abstract

Applying the reciprocity instinct to monetary transactions implies that the reaction to monetary debt and monetary credit are similar. However, evidence suggests an asymmetry. I suggest that the “autonomy instinct” fits better with human behavior towards money. I show that people value autonomy, and I show how money can serve this instinct.

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2006

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)