Eliciting Time versus Money: Time Scarcity Underlies Asymmetric Wage Rates
Has this study been replicated?
The atlas records 1 replication of this study. Recorded outcomes: 1 mixed. The earliest on record is from 2021.
Replications
- Empirical audit and review and an assessment of evidentiary value in research on the psychological consequences of scarcity, O'Donnell et al. (2021). Proceedings of the National Academy of Sciences. Outcome recorded: mixed.
A main effect of procedure emerged, such that the desired wage rate was higher in the TEL (vs.MEL) condition (MTEL = $15.06, SD = $9.54; MMEL = $8.71, SD = $8.21; F(1, 463) = 27.26, p < .001, Cohen's d = 0.179). There was no significant difference of the wage rate in the distant versus near future (Mnear future = $12.44, SD = $10.63; Mdistant future = $11.41, SD = $8.14; F(1, 463) =0.32, p = 0.6, Cohen's d = .028). Additionally, there was no significant two- way interaction…
Outcome read from Appendix p. 56. View paper
Cite this record
Monga, A., May, F., & Bagchi, R. (2017). Eliciting Time versus Money: Time Scarcity Underlies Asymmetric Wage Rates. Journal of Consumer Research, 44(4), 833–852. https://doi.org/10.1093/jcr/ucx066
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