People who handled money felt less social distress during a psychological experiment, one study found. (Waters/News)
BY ROSEMARY BLACK
DAILY NEWS STAFF WRITER
Tuesday, July 28, 2009
Next time you're hurting, try opening your wallet and counting your cash. Research shows that handling and thinking about money can actually lessen pain and ease the sting brought on by social rejection.
In a paper published in the journal Psychological Science and reported on msnbc.com, researchers described a variety of moneycentric experiments. One involved 84 volunteers divided into two groups and asked to participate in a "finger dexterity test." As one group counted out eighty $100 bills from a stack, the rest counted paper. Next, they played a computer game called Cyberball in which four players passed a ball back and forth, according to msnbc.com. The volunteers thought they were playing with three humans, but a computer actually simulated the other players. In half the games, all the players got the ball an equal number of times while the other games were rigged and excluded the players after 10 passes.
Another link- http://www.abacusformoney.com/articles/Power_of_Money.pdf
Ref:nydailynews
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