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PSYCH 458

Honours Seminar in Cognition

Undergraduate

Fall 2020

Topics

  • Normative and descriptive decision models
  • Loss aversion
  • Mental accounting
  • Ownership and the endowment effect
  • Risk attitudes

Readings

  • Morewedge et al. — Bad Riddance or Good Rubbish? Ownership and Not Loss Aversion Causes the Endowment Effect (2009).
    unspecified
  • Soman and Cheema — Earmarking and Partitioning: Increasing Saving by Low-Income Households (2011).
    unspecified
  • Norton, Mochon, and Ariely — The IKEA Effect: When Labor Leads to Love (2012).
    unspecified
  • Simonsohn — Direct Risk Aversion (2009).
    unspecified
  • Chandler and Pronin — Fast Thought Speed Induces Risk Taking (2012).
    unspecified
Sources