Holding your place: Reactions to the prospect of status gains and losses |
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| Authors: | Nathan C. Pettit Kevyn Yong |
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| Affiliation: | a Department of Management and Organizations, Johnson Graduate School of Management, Cornell University, Sage Hall, Ithaca, NY 14853, USA
b Department of Management and Human Resources, HEC Paris, 1 rue de la Liberation, Jouy-en-Josas 78351, France |
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| Abstract: | This paper examines individuals’ reactions to the prospect of gaining or losing status in groups. The results of three experiments provide evidence that individuals attach greater value to status when recalling the risk of status loss than when recalling the potential for status gain (Experiment 1), are willing to pay more to avoid a status loss than to achieve a status gain (Experiment 1), and put forth greater effort when striving to prevent status loss than when striving to gain status (Experiment 2). Finally, individuals who risk losing status allocate more resources toward personal status concerns (and away from group interests and potential monetary gain) than do individuals who have a chance of gaining status (Experiment 3). We discuss the implications of this research both in terms of individuals’ psychological experience of their status, as well as status attainment and maintenance concerns in groups. |
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| Keywords: | Status gain Status loss Status contests Status threat Intragroup processes Loss aversion |
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