The Results Of The Study Showed There Was No Effect On

872 WordsMay 13, 20174 Pages
The results of the study showed there was no effect on debt account aversion, F(3, 358) - .41, ns. There was an insignificant trend for anxious people making less optimal decisions in comparison to the other three groups. (Results for debt account aversion) There was also no effect on financial literacy, Pearson chi-square (3) = 6.09, ns. There was an insignificant trend with incorrect answers when thinking about romantic relationships and all three primes had lower rates than the control condition. The participants may have been preoccupied about delegating financial responsibility to their partners. (Results of Financial Literacy) The anova for investment decision-making revealed a marginal effect for prime, F (3, 340) = 2.18,…show more content…
The ANOVA revealed a main effect for prime, F (3, 380) = 3.33, p < .05, meaning avoidant individuals (like control) express greater autonomy from money than secure or anxious individuals. (Results for money autonomy) The ANOVA also showed an effect for prime, F (3, 380) = 3.50, p < .05, meaning that secure and anxious individuals felt less freedom when using money to make choices compared to the control. (Results for money and freedom in decision making) Finally, for the DOSPERT, the MANOVA revealed a significant effect of prime on ethical risk-taking, F (3, 364) = 3.44, p < .05, implicating that anxious people were most likely to take ethical risks. (Results of ethical risk-taking) These results supported our hypotheses to a certain point. Anxiety priming led to worse decision-making and higher tendency for ethical risks which supported our hypotheses. Security prime showed that there was a higher tendency to take financial risks in comparison to anxiety prime which did not support our hypotheses. Discussion We hypothesized that being primed with attachment security would result in less risk-taking and more economically optimal decisions compared to anxiety or avoidance. We also hypothesized that anxiety and avoidance would reduce decision-making while security would increase it. The results of this study found those with avoidance prime to identify with money providing autonomy, while anxiety and
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