David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Behavioral and Brain Sciences 29 (2):161-209 (2006)
Why are people interested in money? Specifically, what could be the biological basis for the extraordinary incentive and reinforcing power of money, which seems to be unique to the human species? We identify two ways in which a commodity which is of no biological significance in itself can become a strong motivator. The first is if it is used as a tool, and by a metaphorical extension this is often applied to money: it is used instrumentally, in order to obtain biologically relevant incentives. Second, substances can be strong motivators because they imitate the action of natural incentives but do not produce the fitness gains for which those incentives are instinctively sought. The classic examples of this process are psychoactive drugs, but we argue that the drug concept can also be extended metaphorically to provide an account of money motivation. From a review of theoretical and empirical literature about money, we conclude that (i) there are a number of phenomena that cannot be accounted for by a pure Tool Theory of money motivation; (ii) supplementing Tool Theory with a Drug Theory enables the anomalous phenomena to be explained; and (iii) the human instincts that, according to a Drug Theory, money parasitizes include trading (derived from reciprocal altruism) and object play. (Published Online April 5 2006) Key Words: economic behaviour; evolutionary psychology; giving; incentive; money; motivation; play; reciprocal altruism.
|Keywords||economic behaviour evolutionary psychology giving incentive money motivation play reciprocal altruism|
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Thomas Li-Ping Tang & Hsi Liu (2012). Love of Money and Unethical Behavior Intention: Does an Authentic Supervisor's Personal Integrity and Character (ASPIRE) Make a Difference? [REVIEW] Journal of Business Ethics 107 (3):295-312.
Elisaveta Gjorgji Sardžoska & Thomas Li-Ping Tang (2012). Work-Related Behavioral Intentions in Macedonia: Coping Strategies, Work Environment, Love of Money, Job Satisfaction, and Demographic Variables. [REVIEW] Journal of Business Ethics 108 (3):373-391.
Elisaveta Gjorgji Sardžoska & Thomas Li-Ping Tang (2009). Testing a Model of Behavioral Intentions in the Republic of Macedonia: Differences Between the Private and the Public Sectors. [REVIEW] Journal of Business Ethics 87 (4):495 - 517.
George Ainslie, Ryan T. McKay & Daniel C. Dennett (2009). Non-Instrumental Belief is Largely Founded on Singularity 1. Behavioral and Brain Sciences 32 (6):511.
Soňa Lemrová, Eva Reiterová, Renáta Fatěnová, Karel Lemr & Thomas Li-Ping Tang (2013). Money is Power: Monetary Intelligence—Love of Money and Temptation of Materialism Among Czech University Students. [REVIEW] Journal of Business Ethics 125 (2):1-20.
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