{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/105576"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/105576","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Focusing on the big picture: How widening attention decreases spending","abstract":"Seven studies tested the hypothesis that thinking about one’s overall financial situation (e.g., how much one has in total debts, assets, or net worth) reduces participants’ willingness to spend. Four of the seven studies found significant results in favor of this hypothesis; however, three of the studies resulted in null effects. There was variation from study to study, with some changes to the dependent measures and some studies containing additional mediating measures, so a meta-analysis of the seven studies was conducted. Studies 5 through 8 attempted to find a significant mediator for this effect, including testing whether participants are more likely to consider opportunity costs, have an abstract construal, feel financial scarcity, or experience negative emotion, compared to the control condition. However, no significant mediating measure was identified. Future plans for additional research are discussed.","abstract_html":"Seven studies tested the hypothesis that thinking about one’s overall financial situation (e.g., how much one has in total debts, assets, or net worth) reduces participants’ willingness to spend. Four of the seven studies found significant results in favor of this hypothesis; however, three of the studies resulted in null effects. There was variation from study to study, with some changes to the dependent measures and some studies containing additional mediating measures, so a meta-analysis of the seven studies was conducted. Studies 5 through 8 attempted to find a significant mediator for this effect, including testing whether participants are more likely to consider opportunity costs, have an abstract construal, feel financial scarcity, or experience negative emotion, compared to the control condition. However, no significant mediating measure was identified. Future plans for additional research are discussed.","abstract_has_math":false,"creators":["Shin, Faith"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Psychology","degree_department":null,"school":null,"contributors":["Cohen, Dov","Albarracín, Dolores","Cheng, Joey","Lawless, Robert","Lyons, Angela"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2019,"date_issued":"2019-11-26T20:28:51Z","date_published":"2019-11-26T20:28:51Z","updated_at":"2026-07-22T22:24:44Z","subjects":["Judgment and Decision Making, Financial Decision Making, Opportunity Cost"],"languages":["en"],"rights":["Copyright 2019 Faith Shin"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/105576","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Cohen, Dov","Albarracín, Dolores","Cheng, Joey","Lawless, Robert","Lyons, Angela"]},{"key":"dc:creator","label":"Author","values":["Shin, Faith"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2019-11-26T20:28:51Z","2019-05-14","2019-08"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Psychology"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Judgment and Decision Making, Financial Decision Making, Opportunity Cost"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2019 Faith Shin"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/105576"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Seven studies tested the hypothesis that thinking about one’s overall financial situation (e.g., how much one has in total debts, assets, or net worth) reduces participants’ willingness to spend. 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