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RETRACTED ARTICLE: Why money meanings matter in decisions to donate time and money

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  • Promothesh Chatterjee
  • Randall Rose
  • Jayati Sinha

Abstract

Most charitable organizations cannot accomplish their missions without asking for money. This is paradoxical because recent research suggests that mentioning money primes a self-sufficient mindset, thus undermining the very behaviors these organizations desire to elicit. We offer an important qualification to this problematic effect. We find that priming cash concepts reduces willingness to help others, while activating credit card concepts reverses these effects. To explain our findings, in three studies we show that priming cash concepts makes costs associated with donating time or money more salient in the decision context, thereby reducing willingness to give help and to receive it. However, priming credit card concepts makes the benefits of donation more salient. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Promothesh Chatterjee & Randall Rose & Jayati Sinha, 2013. "RETRACTED ARTICLE: Why money meanings matter in decisions to donate time and money," Marketing Letters, Springer, vol. 24(2), pages 109-118, June.
    • Handle: RePEc:kap:mktlet:v:24:y:2013:i:2:p:109-118
    DOI: 10.1007/s11002-012-9215-0
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