The role of temporal perspective in economical activity – psychological perspective

• Authors: Sekścińska, Katarzyna , Goszczyńska, Maryla , Maison, Dominika

Abstracts

EN

The article aims to explore the ralationship between different financial behaviours and temporal perspective. Psychological time is defined and measured in different ways. In the studies presented in the current paper a concept by Philip Zimbardo and John Boyd (2009) was used. It distinguishes five temporal perspectives: (a) past-positive, (b) past-negative, (c) present-hedonistic, (d) present-fatalistic, (e) future. In order to measure this construct, a 15-item short version of Time Perspective Inventory (Short Zimbardo Time Perspective Inventory, SZTPI, Zhang, Howell, Bowerman, 2013) was used. Two experiments using representative (of Polish society) samples were carried out (numbers of participants were 360 and 1090). Different financial behaviours were measured: saving, investing, insurance, and loan raising. Also, their relationship with temporal perspective was looked at (SZTPI). The results revealed a relationship between temporal perspective and financial actions: a higher level of hedonistic-present perspective encouraged cash loans, and a higher level of future perspective was associated with mortgages. Future perspective was beneficial in terms of saving and insurance. High level of fatalistic-present perspective encouraged financial passivity

• Publisher: Akademia Pedagogiki Specjalnej im. Marii Grzegorzewskiej. Wydawnictwo APS
• Journal: Psychologia Wychowawcza
• Year: 2017
• Volume: 54(12)
• Pages: 63-84

Dates

published

2018-04-18

Contributors

author

Sekścińska, Katarzyna

author

Goszczyńska, Maryla

author

Maison, Dominika

Identifiers

DOI

10.5604/01.3001.0011.7855