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Preschoolers and the Endowment Effect
We show that preschoolers exhibit the endowment effect as evidenced by experiments where children generally chose to keep their own toys rather than trading them for similar ones. Furthermore, we relate the emergence of this effect to children's innate psychobiological traits—emotional state, g...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2014
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4192123/ https://www.ncbi.nlm.nih.gov/pubmed/25299430 http://dx.doi.org/10.1371/journal.pone.0109520 |
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author | Da Silva, Sergio Moreira, Bruno Da Costa, Newton |
author_facet | Da Silva, Sergio Moreira, Bruno Da Costa, Newton |
author_sort | Da Silva, Sergio |
collection | PubMed |
description | We show that preschoolers exhibit the endowment effect as evidenced by experiments where children generally chose to keep their own toys rather than trading them for similar ones. Furthermore, we relate the emergence of this effect to children's innate psychobiological traits—emotional state, gender, handedness, and digit ratio. The trials were conducted with 141 children across 6 kindergartens. We also found support that children, like adults, exhibit a preference for physical possession as opposed to ownership. As with adults, emotions also seem to matter, as children who were described as quiet and calm were more likely to present the endowment effect. Also of note, right-handed children described as quiet were more likely to exhibit the phenomenon. Furthermore, female children were generally found to be calmer than males, while males tended to be more fearful than females. This result was also previously found in teenagers. |
format | Online Article Text |
id | pubmed-4192123 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2014 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-41921232014-10-14 Preschoolers and the Endowment Effect Da Silva, Sergio Moreira, Bruno Da Costa, Newton PLoS One Research Article We show that preschoolers exhibit the endowment effect as evidenced by experiments where children generally chose to keep their own toys rather than trading them for similar ones. Furthermore, we relate the emergence of this effect to children's innate psychobiological traits—emotional state, gender, handedness, and digit ratio. The trials were conducted with 141 children across 6 kindergartens. We also found support that children, like adults, exhibit a preference for physical possession as opposed to ownership. As with adults, emotions also seem to matter, as children who were described as quiet and calm were more likely to present the endowment effect. Also of note, right-handed children described as quiet were more likely to exhibit the phenomenon. Furthermore, female children were generally found to be calmer than males, while males tended to be more fearful than females. This result was also previously found in teenagers. Public Library of Science 2014-10-09 /pmc/articles/PMC4192123/ /pubmed/25299430 http://dx.doi.org/10.1371/journal.pone.0109520 Text en © 2014 Da Silva et al http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited. |
spellingShingle | Research Article Da Silva, Sergio Moreira, Bruno Da Costa, Newton Preschoolers and the Endowment Effect |
title | Preschoolers and the Endowment Effect |
title_full | Preschoolers and the Endowment Effect |
title_fullStr | Preschoolers and the Endowment Effect |
title_full_unstemmed | Preschoolers and the Endowment Effect |
title_short | Preschoolers and the Endowment Effect |
title_sort | preschoolers and the endowment effect |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4192123/ https://www.ncbi.nlm.nih.gov/pubmed/25299430 http://dx.doi.org/10.1371/journal.pone.0109520 |
work_keys_str_mv | AT dasilvasergio preschoolersandtheendowmenteffect AT moreirabruno preschoolersandtheendowmenteffect AT dacostanewton preschoolersandtheendowmenteffect |