The Influence of Money on Goal Pursuit and Decision-Making: Understanding Money's Unique Impact on Goal Pursuit

dc.contributor.authorMoran, Noraen
dc.contributor.committeechairHerr, Paul Michaelen
dc.contributor.committeememberBagchi, Rajeshen
dc.contributor.committeememberNakamoto, Kenten
dc.contributor.committeememberInce, Elise C.en
dc.contributor.departmentMarketingen
dc.date.accessioned2016-10-29T06:00:30Zen
dc.date.available2016-10-29T06:00:30Zen
dc.date.issued2015-05-07en
dc.description.abstractPrevious research suggests that activating concepts of money and wealth can increase motivation to achieve personal goals. In this dissertation, I investigate how money affects pursuit of important personal goals, and how this motivation may be affected by goal attainability. In eight studies, I show that priming concepts of money and wealth leads individuals to pursue important personal goals to a greater degree than control groups, but only when a goal is more attainable. In contrast, when a goal is less attainable, those primed with money will be less likely to work towards goals relative to control groups. Furthermore, I examine why money may have a detrimental effect on motivation when individuals are faced with less attainable but important goals, and argue those primed with money become more concerned with maintaining a sense of efficacy, and thus disengage from pursuit when success is less certain. Thus, this research identifies the needs made salient by activating money-"validating one's abilities. Finally, I show the relevance of these findings for consumer behavior, and discuss the additional implications of this work, as well as future research directions.en
dc.description.degreePh. D.en
dc.format.mediumETDen
dc.identifier.othervt_gsexam:4828en
dc.identifier.urihttp://hdl.handle.net/10919/73352en
dc.publisherVirginia Techen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectmoneyen
dc.subjectachievement motivationen
dc.subjectgoal-directed behavioren
dc.titleThe Influence of Money on Goal Pursuit and Decision-Making: Understanding Money's Unique Impact on Goal Pursuiten
dc.typeDissertationen
thesis.degree.disciplineBusiness, Marketingen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.leveldoctoralen
thesis.degree.namePh. D.en

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