Believe-in counterfactual thinking and psychological capital

Abstract

Counterfactual thinking puts a negative reality and better or worse alternative outcomes in the mind simultaneously. The implicit theory of intelligence considers whether individuals believe that intelligence can be promoted by effort or not. Previous studies suggest that counterfactual thinking interacting with the implicit theory of intelligence would evoke a belief in an attainable future or a belief that a certain future could one day be reality, thereby producing positive effects. Three studies examined the hypothesis that belief in an attainable future through counterfactual thinking would predict psychological capital, which is a positive developmental state of individuals. In Study 1 (N = 62), belief in an attainable future was operationalized by introducing the implicit theory of intelligence and counterfactual thinking. Incremental theorists had higher psychological capital when engaged in counterfactual thinking than controls. In Study 2 (N = 71), belief in an attainable future was operationalized by introducing the likelihood of the antecedents and of the outcomes, which were conceptualized as how people believe in their counterfactual thinking. Belief in an attainable future predicted psychological capital even after controlling for the influence of future time perspective and present-fatalistic time perspective, two concepts that depict how individuals process time-related information. In Study 3 (N = 76), we conducted an intervention study. Participants in the experimental group were directed to construct attainable counterfactual thinking for one week. The experimental group had higher psychological capital than the control group. Across three studies, the findings consistently provided primary support for the hypothesis that belief in an attainable future would predict psychological capital.