Feeling Special Reduces Perceived Economic Inequality

Poster Session XI

Sunday May 25, 2025 (10:30 - 11:30 ET)
Keyword: Happiness

Abstract: We demonstrate a strategy that can reduce perceived economic inequality: obtaining special-edition products. Two experiments found that people who received the special edition (vs. regular) product perceived the economic inequality to be lower. Felling special mediates this effect. Our findings offer insights into utilizing symbolic experiences to influence inequality perceptions.