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We present a tool and method for measuring the psychological and cultural distance between societies and creating a distance scale with any population as the point of comparison. Since psychological data is dominated by samples drawn from WEIRD nations, and overwhelmingly, the United States, we...
Persistent link: https://www.econbiz.de/10012851209
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The endowment effect – the tendency for owners (potential sellers) to value objects more than potential buyers – is among the most widely studied judgment and decision-making phenomena. However, the current research is the first to explore whether the effect varies across cultures. Given...
Persistent link: https://www.econbiz.de/10014044754
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