Market mindset hinders interpersonal trust: The exposure to market relationships makes people trust less through elevated proportional thinking and reduced state empathy
Year: 2022
Type: article
Abstract: In a series of five experiments, we provided evidence that evoking the market mindset negatively affects trust. We found that the market mindset reduces trust compared with the communal mindset (Experiment 1) and a neutral condition (Experiment 2). Next, we examined the psychological mechanisms behind the detrimental effect of the market mindset on trust and found that this effect was mediated by enhanced proportional thinking (Experiments 3 and 4) and reduced state empathy (Experiments 4 and 5). Finally, in a preregistered Experiment 5, we showed that these two psychological mechanisms are relatively independent.
Institutions: University of Warsaw, Uniwersytet SWPS
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
Funder: Narodowe Centrum Nauki
Awards: G192408324, G4190742014, G4968968180
OpenAlex ID: W4294919733
