Leiden University Student Repository

Priarollo, Chiara (2023)

The Effect of Financial Scarcity on Cognitive Persistence

Master thesis | Psychology (MSc)

This study aimed to investigate the effects of financial scarcity on cognitive persistence. A sample of 202 participants from the United Kingdom was recruited through Prolific (Mage = 40.29 years, 53.5% female). The participants were representative of income ranges between £10,000 and £159,000, with equal distribution across low-income, middle- income, and high-income segments. The SPSS version 28.0 was used to analyze the data. The association between the predictors (Condition, PIFS, and Interaction PIFS Condition) and the dependent variable, hard trial performance, was investigated using regression analysis. None of the predictors significantly predicted the variation in hard trials, according to the data (p >.05). Hard trial scores were not significantly explained by the Condition, PIFS, or the interaction of PIFS and Condition (R2 =.019, p =.289). Additionally, the conditional effects study showed that the interaction term (Interaction PIFS Condition) did not significantly...Show moreThis study aimed to investigate the effects of financial scarcity on cognitive persistence. A sample of 202 participants from the United Kingdom was recruited through Prolific (Mage = 40.29 years, 53.5% female). The participants were representative of income ranges between £10,000 and £159,000, with equal distribution across low-income, middle- income, and high-income segments. The SPSS version 28.0 was used to analyze the data. The association between the predictors (Condition, PIFS, and Interaction PIFS Condition) and the dependent variable, hard trial performance, was investigated using regression analysis. None of the predictors significantly predicted the variation in hard trials, according to the data (p >.05). Hard trial scores were not significantly explained by the Condition, PIFS, or the interaction of PIFS and Condition (R2 =.019, p =.289). Additionally, the conditional effects study showed that the interaction term (Interaction PIFS Condition) did not significantly contribute to the prediction of hard trials (p >.05). These results emphasize the complexity of the relationship between financial hardship and cognitive persistence and the pressing need for more research.Show less

financial scarcity

cognitive persistence

Author

Priarollo, Chiara

Faculty

Faculty of Social & Behavioural Sciences

Specialisation

Economic and Consumer Psychology

Supervisors

Ruigendijk, H.

ECTS Credits

60

Language

en