Who Negotiates? The Political Psychology of Price Negotiations

Price negotiation is often a zero-sum interaction where one party's gain is another's loss. In such contexts, a buyer's willingness to negotiate can depend on the perceived justifiability of negotiation. This research examines how political ideology shapes these perceptions. Two archival studies (<i>N</i> = 56,615) and four preregistered studies (<i>N</i> = 3,157) show that conservative buyers are more likely to negotiate prices for houses and used cars. Conservatives also hold stronger beliefs that buyers should negotiate prices regardless of the seller's identity-be it a professional dealer, an ordinary seller, a stranger, or a friend. This heightened propensity to justify price negotiation is rooted in conservatives' endorsement of free-market ideology, which motivates and even moralizes the pursuit of economic self-interest in marketplace interactions. These findings offer a nuanced account of interactions in the marketplace, demonstrating that marketplace behaviors are influenced not only by economic considerations but also by ideological beliefs.

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Publication Details

Journal
Personality and Social Psychology Bulletin
Published
2025-05-03
DOI
https://doi.org/10.1177/01461672251335697
Primary Topic
Social and Intergroup Psychology
Type
article
Field-Weighted Citation Impact
0.00
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article

Who Negotiates? The Political Psychology of Price Negotiations

Yue Pan, Manoj Thomas
Personality and Social Psychology Bulletin
Social and Intergroup Psychology
article

Who Negotiates? The Political Psychology of Price Negotiations

Yue Pan, Manoj Thomas
article en

Abstract

Price negotiation is often a zero-sum interaction where one party's gain is another's loss. In such contexts, a buyer's willingness to negotiate can depend on the perceived justifiability of negotiation. This research examines how political ideology shapes these perceptions. Two archival studies (<i>N</i> = 56,615) and four preregistered studies (<i>N</i> = 3,157) show that conservative buyers are more likely to negotiate prices for houses and used cars. Conservatives also hold stronger beliefs that buyers should negotiate prices regardless of the seller's identity-be it a professional dealer, an ordinary seller, a stranger, or a friend. This heightened propensity to justify price negotiation is rooted in conservatives' endorsement of free-market ideology, which motivates and even moralizes the pursuit of economic self-interest in marketplace interactions. These findings offer a nuanced account of interactions in the marketplace, demonstrating that marketplace behaviors are influenced not only by economic considerations but also by ideological beliefs.

Personality and Social Psychology Bulletin
Cornell University (US)
Openalex Percentile: Top 88%
Social and Intergroup Psychology
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Who Negotiates? The Political Psychology of Price Negotiations — Yue Pan, Manoj Thomas · Personality and Social Psychology Bulletin (2025) | TGRS Research Map | TGRS