Corpus ID: 16729994

Evolutionary Origins of the Endowment Effect : Evidence from Hunter-Gatherers

@inproceedings{F2014EvolutionaryOO,
  title={Evolutionary Origins of the Endowment Effect : Evidence from Hunter-Gatherers},
  author={H. F.},
  year={2014}
}
The endowment effect, the tendency to value possessions more than non-possessions, is a well-known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on environmental factors. We experimentally test for the endowment effect in an isolated and evolutionarily relevant population of hunter-gatherers, the Hadza Bushmen of Northern Tanzania. We find that Hadza living… Expand
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