Monetary Wisdom: Monetary Aspirations Impact Decision-Making

by: Thomas Li-Ping Tang (Editor)

Publisher:

Edition: 1st

Publication Date: 2024/6/4

Language: English

Print Length: 564 pages

ISBN-10: 0443154538

ISBN-13: 9780443154539

Book Description

Globalization creates economic prosperity for citizens around the world. It changes people’s deep-rooted attitudes, values, and behavioral pattes. Editor Thomas Li-Ping Tang is the first to scientifically capture the meaning of money and coin the contemporary love of money construct. Ardent monetary aspirations involve affective, behavioral, and cognitive subconstructs. Monetary Wisdom: Monetary Aspirations Impact Decision-Making bridges the gaps between behavioral economics, business ethics, decision-making, and the psychology of money. It compiles research from world-renowned experts in 37 countries across 6 continents. This book presents an excellent collection of innovative and multicultural views. Monetary Wisdom investigates how individuals apply monetary aspirations as a lens, frame critical conces at the proximal and omnibus contexts, and maximize expected utility and ultimate serenity at the individual, organizational, and global levels. The books’ practical implications help readers apply and enjoy these discoveries’ benefits.Inspires readers to lea one of the world’s most often used money attitude measuresNotices that, in mode societies, money is power at the individual levelSuggests that monetary aspirations (not money itself) predict cheatingProfiles that reducing stress curbs dishonesty directly and indirectlyIllustrates that leaders promote employees’ honesty and creativityReveals how corruption expands prospect theory to a global levelExplores the contexts to achieve balanced aspirations and serenity

About the Author

Globalization creates economic prosperity for citizens around the world. It changes people’s deep-rooted attitudes, values, and behavioral pattes. Editor Thomas Li-Ping Tang is the first to scientifically capture the meaning of money and coin the contemporary love of money construct. Ardent monetary aspirations involve affective, behavioral, and cognitive subconstructs. Monetary Wisdom: Monetary Aspirations Impact Decision-Making bridges the gaps between behavioral economics, business ethics, decision-making, and the psychology of money. It compiles research from world-renowned experts in 37 countries across 6 continents. This book presents an excellent collection of innovative and multicultural views. Monetary Wisdom investigates how individuals apply monetary aspirations as a lens, frame critical conces at the proximal and omnibus contexts, and maximize expected utility and ultimate serenity at the individual, organizational, and global levels. The books’ practical implications help readers apply and enjoy these discoveries’ benefits.Inspires readers to lea one of the world’s most often used money attitude measuresNotices that, in mode societies, money is power at the individual levelSuggests that monetary aspirations (not money itself) predict cheatingProfiles that reducing stress curbs dishonesty directly and indirectlyIllustrates that leaders promote employees’ honesty and creativityReveals how corruption expands prospect theory to a global levelExplores the contexts to achieve balanced aspirations and serenity