An Economic Psychological Experiment: Individualism-Collectivism, Perspective Taking, and Real and Hypothetical Endowment Effects - Couverture souple

Gezgin, Ulas Basar

 
9783846546376: An Economic Psychological Experiment: Individualism-Collectivism, Perspective Taking, and Real and Hypothetical Endowment Effects

Synopsis

In this study conducted in Boğaziçi University with 121 In this study conducted in Boğaziçi University with 121 participants, the psychological correlates of the endowment effect are probed. The endowment effect is the asymmetry between the amount that a given individual would like to pay for a certain good and the amount that this individual would like to accept to sell the same good. There are two types of endowment effect: The real endowment effect is the one observed in real or simulated economies, while the hypothetical endowment effect is the one exhibited for imaginary situatiofect is the one observed in real or simulated economies, while the hypothetical endowment effect is the one exhibited for imaginary situations Individualism-Collectivism and perspective taking are considered as psychological correlates of the endowment effect in this study. The study shows that there is at least some relationship between the real endowment effect and perspective taking and that individualism-collectivism is significantly correlated with perspective taking.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

In this study conducted in Boğaziçi University with 121 In this study conducted in Boğaziçi University with 121 participants, the psychological correlates of the endowment effect are probed. The endowment effect is the asymmetry between the amount that a given individual would like to pay for a certain good and the amount that this individual would like to accept to sell the same good. There are two types of endowment effect: The real endowment effect is the one observed in real or simulated economies, while the hypothetical endowment effect is the one exhibited for imaginary situatiofect is the one observed in real or simulated economies, while the hypothetical endowment effect is the one exhibited for imaginary situations Individualism-Collectivism and perspective taking are considered as psychological correlates of the endowment effect in this study. The study shows that there is at least some relationship between the real endowment effect and perspective taking and that individualism-collectivism is significantly correlated with perspective taking.

Biographie de l'auteur

Dr.Gezgin holds a B.A. in educational sciences (2000), an M.A. in social/economic psychology (2002), a PhD in cognitive science (psychology and linguistics) (2006), an unearned PhD degree in political anthropology in New Zealand, and an M.S. in international urban development planning at a German university (2011). He is an economics lecturer.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.