The tendency for people to inflate the value of objects, good, or services they already own is called the
a. endowment effect.
b. escalation effect.
c. sunk cost effect.
d. expectancy phenomenon.
Question 2
Imagine that some researchers conducted a study and interpreted the results of the study as indicative of normative influence. These researchers are most likely to reach this conclusion if participants in their study
a. were truly convinced that the majority was correct in their opinions.
b. behaved in a way that would be considered normal to people in Western cultures.
c. did what they felt was morally right, even if it violated social norms in the process.
d. conformed because they feared being rejected for appearing deviant.
Earthquakes Don’t Kill People—Collapsing Buildings Do
Pulp - Common People
Holland’s six basic types of people based on vocational interests (attitudes, abilities, and ...
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
Collage of people showing emotions