Studies on Moral Judgment and Cognition Involving Cryptocurrencies and Tax Evasion.

Autor: Grym, Jori, Aspara, Jaakko, Liljander, Veronica
Zdroj: Imagination, Cognition & Personality; Sep2024, Vol. 44 Issue 1, p66-85, 20p
Abstrakt: Although new digital monetary instruments (e.g., cryptocurrencies) have emerged and proliferated, there is little academic research concerning consumer perspectives on these instruments or the effects of these instruments on consumers' moral judgments. The present research addressed this gap in the literature by addressing the following research question: Is the morality of tax evasion judged differently when tax evasion is undertaken with cryptocurrency vs. traditional financial instruments (e.g., stocks)? In two online experiments, we exposed participants to a tax evasion scenario with either cryptocurrency or stock trading. The results of Study 1 showed that tax evasion is perceived as being less wrong when it is carried out with cryptocurrency trading rather than stock trading. Study 2 replicated Study 1 and tested an explanatory mediating mechanism hypothesized to underlie the main effect. A mediation analysis showed that the effect of cryptocurrency (vs. stock trading) on the perceived wrongness of tax evasion is partially mediated by the observer's positive (vs. negative) affective evaluation of the person committing tax evasion. This paper also discusses the theoretical, practical, and societal implications of the present results, including the likelihood that people's attitudes toward moral transgressions and crimes will be more lenient when these acts are conducted with new, innovative, and exciting instruments. [ABSTRACT FROM AUTHOR]
Databáze: Supplemental Index