TY - JOUR
T1 - Regulatory mode and willingness to increase retirement savings contributions
AU - Kim, Hyungsoo
AU - Shin, Serah
AU - Heath, Claudia J.
AU - Zhang, Qun
AU - Higgins, E. Tory
N1 - Publisher Copyright:
© 2017 Wiley Periodicals, Inc.
PY - 2017/8
Y1 - 2017/8
N2 - This study examined how two self-regulatory modes, locomotion and assessment, relate to the willingness to increase retirement savings. Locomotion is concerned with making things happen (“just do it”). Assessment is concerned with critical evaluation (“do the right thing”). We hypothesized that individuals who score high (vs. low) in locomotion, but not those who score high (vs. low) in assessment, would be more willing to increase their savings for retirement. In addition, because high (vs. low) assessment can lead to doing the right thing in terms of seeking to maximize economic returns, we hypothesized that combining high locomotion with high assessment would especially motivate willingness to increase retirement savings. We found support for both hypotheses from a survey of university employees.
AB - This study examined how two self-regulatory modes, locomotion and assessment, relate to the willingness to increase retirement savings. Locomotion is concerned with making things happen (“just do it”). Assessment is concerned with critical evaluation (“do the right thing”). We hypothesized that individuals who score high (vs. low) in locomotion, but not those who score high (vs. low) in assessment, would be more willing to increase their savings for retirement. In addition, because high (vs. low) assessment can lead to doing the right thing in terms of seeking to maximize economic returns, we hypothesized that combining high locomotion with high assessment would especially motivate willingness to increase retirement savings. We found support for both hypotheses from a survey of university employees.
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U2 - 10.1111/jasp.12450
DO - 10.1111/jasp.12450
M3 - Article
AN - SCOPUS:85021392052
SN - 0021-9029
VL - 47
SP - 436
EP - 445
JO - Journal of Applied Social Psychology
JF - Journal of Applied Social Psychology
IS - 8
ER -