Hard to Bear-Reference-Cited by-同舟云学术

Hard to Bear

Published:2020-05 Issue:3 Volume:51 Page:157-170
ISSN:1864-9335
Container-title:Social Psychology
language:en
Short-container-title:Social Psychology

Author:

Miao Peng¹,Li Xilin¹²,Xie Xiaofei¹^ORCID

Affiliation:

1. School of Psychological and Cognitive Sciences and Beijing Key Laboratory of Behavior and Mental Health, Peking University, Beijing, PR China

2. Booth School of Business, University of Chicago, IL, USA

Abstract

Abstract. Establishing a causal relationship between state boredom and risk taking is contributory to understand the nature of boredom and its influences. This research examines how and why state boredom influences financial risk taking. Across multiple inductions of state boredom, we found that state boredom increased participants’ preference for engaging in financial risk-taking behavior (Studies 1, 2, and 3) and actual financial risk-taking behavior (Studies 2 and 4). An internal meta-analysis verified the robustness of this effect. We also assessed four potential mediators and found motivation to seek stimulation as the best explicable mediator (Studies 3 and 4). Overall, the current research signified the role of state boredom in predicting financial risk taking as a function of motivation to seek stimulation.

Publisher

Hogrefe Publishing Group

Subject

General Psychology,Sociology and Political Science,Arts and Humanities (miscellaneous),Social Psychology

Link

https://econtent.hogrefe.com/doi/pdf/10.1027/1864-9335/a000408

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