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Keywords
Money; Essentialism; Contagion; Ownership intuitions; Property; Fungibility ;
Journal Article
Uhlmann E. L., Zhu L. (. (2013). Money is Essential: Ownership Intuitions are Linked to Physical Currency Cognition, 127(2), (pp220-229).
Due to basic processes of psychological essentialism and contagion, one particular token of monetary currency is not always interchangeable with another piece of currency of equal economic value. When money loses its physical form it is perceived as “not quite the same” money (i.e., to have partly lost the original essence that distinguished it from other monetary tokens), diminishing its intuitive link with its original owner.