The impact of emotive Music on financial decision-making: an analysis of decision-making in an ultimatum game experiment. / Bari, Shahara; Meek, Rosie.

In: Journal of European Psychology Students, Vol. 12, No. 1, 18.10.2021, p. 27-39.

Research output: Contribution to journalArticlepeer-review

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Abstract

This study explored the impact of emotive music on financial decision-making. Participants (N = 130) partook in an Ultimatum style game. The emotive condition was created through a music stimulus in the background of the game environment. The game consisted of 30 financial splits divided into three proposal types: unfavourable, fair, and favourable. Through conducting a three-way mixed ANOVA, this study found a significant interaction between emotive condition and increases in level of agreement, within unfavourable proposals. The study concluded that emotive music impacts financial decision-making. Following the interaction between emotive music and the level of increased agreement, a positive relationship is assumed. Future research should explore the influence of emotional-heightening situations, such as the recent pandemic, on financial decision-making.
Original languageEnglish
Pages (from-to)27-39
JournalJournal of European Psychology Students
Volume12
Issue number1
DOIs
Publication statusPublished - 18 Oct 2021
This open access research output is licenced under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

ID: 44645493