Understanding the psychology of abstract money
Understanding the psychology of abstract money
- March 14, 2019
- Bill Maurer, anthropologist, via Raconteur, March 14, 2019
-----
Professor Bill Maurer, legal and economic anthropologist at the University of California, Irvine, notes that new technological platforms are socially differentiated and differentiated ways of paying that render the money associated with them similarly multiple. Age, gender, nationality and social class can be differentiators, and each comes with its own habits, codes and users. “Different groups tend to gravitate to different payment technologies,” he explains.
For the full story, please visit https://www.raconteur.net/finance/behavioural-economics-abstract.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightWhy Nepal grows Japan's cash
- Careet RightGot exact change? Penny shortages already hitting some retailers
- Careet RightFiserv, Block turn to crypto
- Careet RightCrypto trader 'Garrett Bullish' accused of insider trading -- but charges aren't likely
- Careet RightNorth Dakota introduces Roughrider stablecoin, a digital currency for bank-to-bank transfers