- Amar Amar Sarkar, Univ. of Oxford
- Jacqueline Thompson, Univ. of Oxford
- Andrew Elliot, Univ. of Rochester
The wealthy, as a group, are perceived as high in competence but low in warmth. We found that an individual target’s wealth influenced competence ratings as expected, but both wealthy and poor targets were rated as less warm than controls. This competence effect was especially pronounced in raters whose own income was high. We discuss these results in the context of stereotype content theories.