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The psychological correlates of endowment effect: Individualism-collectivism, perspective taking, and real and hypothetical endowment effects

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dc.contributor Graduate Program in Psychology.
dc.contributor.advisor Sunar, Diane.
dc.contributor.author Gezgin, Ulaş Başar.
dc.date.accessioned 2023-03-16T12:19:45Z
dc.date.available 2023-03-16T12:19:45Z
dc.date.issued 2002.
dc.identifier.other PSY 2002 G48
dc.identifier.uri http://digitalarchive.boun.edu.tr/handle/123456789/17121
dc.description.abstract 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 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.
dc.format.extent 30 cm.
dc.publisher Thesis (M.A.) - Bogazici University. Institute of Social Science, 2002.
dc.relation Includes appendices.
dc.relation Includes appendices.
dc.subject.lcsh Individualism -- Psychological aspects.
dc.subject.lcsh Collectivism -- Psychological aspects.
dc.title The psychological correlates of endowment effect: Individualism-collectivism, perspective taking, and real and hypothetical endowment effects
dc.format.pages xi, 60 leaves ;


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