What is it about?
The physicality of cash accentuates ownership, while cards and third-party apps appropriate psychological ownership to the technology and ramify spending.
Featured Image
Photo by Alexander Grey on Unsplash
Why is it important?
Findings reveal that psychological ownership does manifest in the app more than in the ownership of money itself. People felt happy, confident, safe and secure while using apps that stored their money.
Perspectives
This study offers empirical support to explain why psychological ownership of cash regulates spending and why the psychological processes that underlie “owned” money interrupt the spending with cash.
Jashim Khan
University of Surrey
Read the Original
This page is a summary of: Money you could touch: cash and psychological ownership, Qualitative Market Research An International Journal, June 2024, Emerald,
DOI: 10.1108/qmr-04-2023-0049.
You can read the full text:
Contributors
The following have contributed to this page
