Influence of social mindfulness and Zhongyong thinking style on cooperative financial decision making in a Western sample

Abstract

AbstractSocial mindfulness and Zhongyong thinking style are of high importance when evaluating relevant co‐actors in the social world. The current study investigates the influence of social mindfulness and Zhongyong thinking style on cooperative financial decision making in a public goods game among a Canadian sample. We hypothesize that higher perceived social mindfulness and higher perceived Zhongyong thinking style will increase the amount of money contributed to a joint project in a public goods game. The sample was a prolific‐based online recruited sample of n = 125 Canadians. We observed a significant main effect of Zhongyong thinking style on the amount of contributed money in the public goods game. Social mindfulness did not reach significance. The influence of Zhongyong thinking style was qualified by a significant Zhongyong by gender interaction, indicating that females but not males reduced their contributions if the Zhongyong thinking style of the co‐actor was manipulated as being low. It is shown that Zhongyong thinking style is also relevant in a Western cultural setting. Future research is needed, however, to investigate further the reasons for the differences between females and males.