• 제목/요약/키워드: Endowment Effect

검색결과 18건 처리시간 0.019초

나-타인 소유의 낯선 화폐 가치 추정에 조절초점이 미치는 영향 (The Effect of Regulatory Focus on Estimating Value of Unfamiliar Currency Owned by Self or Others)

  • 임가영;손영우;임혜빈
    • 감성과학
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    • 제24권3호
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    • pp.27-40
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    • 2021
  • 일반적으로 사람들은 자기고양 동기로 인해 나와 관련된 것을 더 좋게 평가하는 것으로 알려져 있으며, 대표적인 예시로 소유효과가 있다. 하지만 우리는 경험을 통해 동일한 물건이어도 내 것보다 타인의 것이 더 좋아 보일 때가 있다는 것을 알고 있다. 최근 연구들은 이러한 현상을 소유효과의 역전 현상이라 설명한다. 본 연구는 나-타인 소유물에 대한 가치 추정이 개인의 조절초점 성향을 통해 달라지는지 확인함으로써 소유효과와 소유효과의 역전 현상을 조절하는 심리학적 변인을 탐색해 보고자 하였다. 이에 따라 지각된 이득과 손실에 대한 관점이 다르다고 알려진 개인의 조절초점 성향이 나-타인 소유주에 따른 소유효과를 조절할 것으로 예상하였으며, 외국인 참가자를 대상으로 익숙하지 않은 타 국가의 화폐를 보여주고 돈의 가치를 모국의 화폐 가치로 추정하도록 하였다. 그 결과, 예방초점 성향이 높은 사람들보다 향상초점 성향이 높은 사람들이 더 돈의 가치를 높게 추정하는 것으로 나타났다. 하지만 내가 아닌 다른 사람의 돈이라고 생각했을 때는 조절초점 성향의 조절효과가 유의하지 않았다. 이는 조절초점이라는 개인차 수준에 따라 소유효과가 더 강하게 나타날 수도 있고, 사라질 수도 있다는 것을 시사한다. 연구 결과를 바탕으로 연구의 의의, 한계점 및 후속 연구에 대해 논의하였다.

특허갱신료 지불주기가 특허권 유지 의사결정에 미치는 효과에 관한 연구: 매몰비용과 보유효과를 중심으로 (A study on the effect of the renewal-fee payment cycle in the decision of patent right retention: focusing on the sunk cost and endowment perspective)

  • 최용묵;조대명
    • 디지털융복합연구
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    • 제19권3호
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    • pp.65-79
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    • 2021
  • 본 연구에서는 특허의 유지 및 포기에 관한 의사 결정에 있어서 특허권자의 경제적이고 합리적인 의사결정 요소가 아닌 감정적 요소가 의사결정에 어떠한 영향을 미치는지를 파악하고, 이를 기반으로 특허정책의 새로운 기준을 제시하고자 하였다. 이를 위하여, 우선 한국특허의 특허권자별 특허보유기간에 따른 특허포기 유형을 분석하였으며, 설문조사 방법을 사용하여 매몰비용편향, 보유효과와 커플링 관점에서 특허권자에 따른 차이가 있는 지를 검증하였다. 연구결과, 개인과 중소기업이 대기업보다 상대적으로 의사결정에 있어서 매몰비용과 보유효과에 대한 감정적 편향이 크게 나타났으며, 의사결정 경험이 증가함에 따라 매몰비용효과가 감소하였다. 또한, 특허갱신료 지불주기 단축이 특허권의 사용의지의 상승에도 긍정적 영향을 미치는 것으로 파악되었으며, 특히 특허권자가 개인과 중소기업일 때 대기업인 경우보다 그 상승효과가 크게 나타남을 확인할 수 있었다. 본 연구결과는 특허권자의 성향을 기반으로 특허자산의 낭비적 요인을 최소화하는 정책을 수립함에 있어 일조를 할 수 있을 것으로 기대된다.

모바일 커머스 환경에서 판매촉진 형태와 메시지 프레이밍이 구매의도에 미치는 영향: 시간압박의 조절효과를 중심으로 (The effects of sales promotion and message framing on purchase intentions: Moderating effect of time pressure)

  • 이호성;서길수;강현정
    • 한국정보시스템학회지:정보시스템연구
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    • 제28권4호
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    • pp.251-270
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    • 2019
  • Purpose Unlike advertising through the traditional media targeting unspecified number of people, the base of mobile environment using smartphone has expanded so that many companies can classify prospective customers according to their purpose, thereby enabling efficient targeted marketing with low cost. Design/methodology/approach This study has investigated how can marketing strategy be influenced by the price promotion type (immediate discount/delayed discount) and message framing (positive/negative) according to time pressure (low/high). Hypotheses are set through the consideration of prospect theory, endowment effect, framing effect, regulatory-focus theory, and time-pressure theory. Findings The results and interpretation of this study are as follows. First, it was found that the influence of the delayed discount on the purchase intention was larger than the immediate discount. Second, negative/loss frame messages have more influence on purchase intention than positive/profit frame messages. Third, when the price promotion type is delayed discount, the effect of the promotion message on the purchase intention when it presented by negative/loss frame is greater than the other cases. The implication of this study is that it can be used as a basic data for establishing a strategy to maximize the effectiveness of promotions effectively considering potential buyers of mobile commerce environment.

The Dark Side of Emotional Involvement in Software Development: A Behavioral Economics Perspective

  • Shmueli, Ofira;Pliskin, Nava;Fink, Lior
    • Asia pacific journal of information systems
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    • 제26권2호
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    • pp.322-337
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    • 2016
  • Research on information systems and software engineering has often neglected behavioral effects, which may play a role in decision making on software development. The current study addresses this issue by empirically investigating the behavioral roots of over-requirement in the context of a software development project via an experiment. The negative phenomenon of over-requirement refers to specifying a software system beyond the actual needs of the customer or the market, which overload the system with unneeded features. The research question addressed here is whether over-requirement is due in part to the emotional involvement of developers with the software features they developed because of behavioral effects. Previous studies have demonstrated that under the endowment, I-designed-it-myself, and IKEA effects, people become emotionally involved and overvalue physical items that they respectively possess, self-design, or self-create. The findings of our experiment show that participants over-valued features they were assigned to be responsible for, to specify, or to construct, thereby confirming that the three behavioral effects play a role in software development decisions and affect over-requirement. Thus, the study contributes to software development research and practice from the behavioral economics perspective, highlighting the roots of over-requirement.

구매자와 판매자의 용의가격 차이에 제품유형과 소비자의 목적지향성이 미치는 영향 (The Effect of Regulatory Focus and Product Type on the Difference in Acceptable Prices between Buyers and Sellers)

  • 전성률;주태욱;조효령
    • Asia Marketing Journal
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    • 제10권1호
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    • pp.65-94
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    • 2008
  • 본 연구에서는 소유효과(endowment effect)와 손실회피(loss aversion)성향에 기인한 판매자의 판매용의가격(willing-to-sell price: WTS)과 구매자의 지불용의가격(willing-to-pay price: WTP) 간의 차이에 관한 기존 연구를 최근 점점 더 소비자들이 경험하고 있는 새로운 유통경로인 온라인 경매라는 거래상황에서 재검증하였으며, 동시에 이러한 판매자와 구매자의 용의가격의 차이에 조절적 영향을 주는 요인으로, 이득(gain)과 손실(loss)에 대한 소비자들의 휴리스틱적인 성향과 관련된 기존 연구결과들을 바탕으로 하여, 제품 유형(product type)과 소비자가 가지고 있는 목적 지향성(goal orientation)이라는 추가적인 조절변수들의 효과를 살펴보았다. 실험결과, 기존연구와 마찬가지로 판매자들이 제시하는 용의가격(WTS)이 구매자들이 지불하고자 하는 용의가격(WTP)보다 높았으며, 이 두 가격의 차이는 거래되는 제품이 소비자의 입장에서 실용적인(utilitarian product) 가치를 갖는 제품일 때보다 쾌락적인(hedonic product) 가치를 갖는 제품일 때, 또한 거래에 참여한 소비자가 향상 목적(promotion goal)을 가지고 있을 때보다 예방 목적(prevention goal)을 가지고 있을 때 더욱 두드러지는 것으로 나타났다. 마지막으로, 본 연구결과의 이론적 및 실무적 시사점, 그리고 본 연구의 한계점 및 향후 연구방향에 대해서 논의하였다.

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농업.농촌정책평가를 위한 정량적 분석모형 연구 (Quantitative Approaches for Agricultural and Rural Policy Evaluation)

  • 이성우;윤성도
    • 농촌계획
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    • 제14권4호
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    • pp.97-108
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    • 2008
  • The present study construct a new technique that can evaluate diverse rural policies, which have been applied to the rural development programs at the village level. The method incorporates spatial econometrics models with a decomposition method that has little been utilized before. We applies the technique to evaluate the rural development programs that have been carried out by the Korea Forest Service and. Korea Rural Development Agency. The technique proved to be quite useful in that the technique efficiently separate the direct effect caused by the government policy from the effect explained by the endowment effect such as regional or area characteristics, and residual effect that cannot be identified by the models. The present study concludes with suggesting more quantitative methods need to be developed to evaluate diverse government policy programs, which enables us to discern correct policy effects.

오염집약도와 국제경쟁력의 변화: 1993~98

  • 김동석
    • KDI Journal of Economic Policy
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    • 제24권1호
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    • pp.113-190
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    • 2002
  • The purpose of this paper is to perform empirical studies on the impact of pollution intensity on international competitiveness using 1993 and 1998 data, and to estimate the change in environmental regulation level faced by the firms during 1993~1998. Collecting relevant data and providing them for further studies in the area are another purposes of the paper. The first method is the regression of various indices of international competitiveness on factor costs, such as labor, capital, R&D and pollution abatement costs. Goal of the regression analysis is to estimate the scarcity and comparative advantage effect of each production factor, especially environmental resource. Regression results show that those industries which employ more environmental resource have higher comparative advantage in both years, which implies that Korean firms are endowed with abundant environmental resource compared to other countries. The second method is to compute the relative scarcity indices(HOVL indices) of production factors, proposed by Leamer based on Vanek's generalized Hecksher-Ohlin Theorem. This method estimates the relative scarcity of production factors by computing factor costs embodied in import and export of commodities. This method shows similar results as the regression method; i.e., trade pattern of production factors implies that the manufacturing sector in Korea is endowed with abundant environmental resource compared to other countries. Considering population density, water resource endowment, intensity of economic activity per unit area and current air and water pollution levels, it is evident that Korea is never endowed with abundant environmental resource compared to other countries. Then the abundance of environmental resource revealed by the trade patterns of commodities and production factors implies that Korea's environmental regulation level is excessively generous compared to environmental capacity, and that this increased the environmental resource endowment supplied to firms and thus distorted the inter-industry comparative advantages. Both regression and HOVL methods, on the other hand, show that overall environmental regulation level faced by the firms has been strengthened during 1993~1998.

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Research on Factors Affecting South Korea's OFDI Based on a Spatial Measurement Model

  • Su, Shuai;Zhang, Fan
    • Journal of Korea Trade
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    • 제26권1호
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    • pp.99-112
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    • 2022
  • Purpose - This paper empirically investigates via a spatial lag model from the perspective of space economy to find the influencing factors of South Korea's OFDI along with 60 countries. Design/methodology - In the study of regional economic phenomena, we must first test the corresponding spatial correlation, and on this basis, complete the construction of the spatial model. For the target research object, after testing the spatial correlation, if there is spatial correlation, a spatial measurement model is needed. This paper uses the global Moran's I index for calculation. Based on the characteristics and research needs of the research object, this paper selects the spatial lag model to verify the existence of the spatial effect and factors affecting OFDI. Findings - Our results show that export scale, infrastructure, technology level, political stability, resource endowment, market size, distance and labor cost have a certain impact on Korea's OFDI, but at present the distance and market size factors are the most important influencing factors for South Korea's OFDI, The technical level and political stability have little effect on South Korea's OFDI, and are not main factors determining South Korea's OFDI. Originality/value - Through spatial measurement verification, it was found that the spatial effect has a significant impact on OFDI, along with more than 60 countries. On this basis, relevant suggestions are put forward, which have strong practical significance for South Korea's OFDI to achieve healthy and sustainable development.

환경규제와 기술제약 -한국지역제조업을 중심으로- (Environmental Regulation and Technological Constraint)

  • 강상목;김은순
    • 자원ㆍ환경경제연구
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    • 제11권3호
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    • pp.345-375
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    • 2002
  • The purpose of this paper is to measure the change of the production efficiency which may happen when environmental regulation incurs technological constraint in the process of production, and to compute the opportunity cost of pollution reduction with the lost products based on the change of efficiency. The patterns of production technoloy in the paper are divided into the technologies of strong disposability and weak disposabilty to grasp the effect of the technological constraint due to the environmental regulation. The endowment of the technolgical constraints in the process of production is considered to bring the greatest restriction on firm's production. When the environmental efficiencies of Korean regional manufactures were measured with linear programming model, the lost products related with the constraint of production technology that environmental regulation incurred, was average 148.1 billion dollar per year(5.87% of one year overall products) for total manufactures in 1991~1998. The ratio of the lost products for total products was spread from 0.78% to 1l.08%. The average lost products of 15 regions were changed from 4.66% to 18.35% of total products. Generally the environmental efficiency index of regional manufactures being decreased continuously since 1991, it is estimated that the environmental performance of Korean manufactures has been more and more deteriorating.

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Will More Expensive Gifts be More Appreciated?

  • CHO, Eunseong;BYUN, Sookeun
    • 유통과학연구
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    • 제18권1호
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    • pp.95-105
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    • 2020
  • Purpose: Will more expensive gifts be more pleasurable and appreciated? This is a general expectation of gift-givers. According to the previous study on Americans (Flynn and Adams 2009), recipients tend to appreciate gifts regardless of their price. It indicates that there is an interaction effect between position (giving / receiving) and gift price. This study expands the previous study and aims to answer the following two questions: "Are such an interaction effect observed in Korean, too?" and "What types of people prefer expensive gifts?" Research design, data, and methodology: Study 1 of the current research repeated the Study 3 of Flynn and Adams (2009), with an iPod (high-priced gift condition) and a music CD (low-priced gift condition). That is, a 2 (gift price: high / low) x 2 (position: giver / receiver) between-group design was used. Study 2 used gift certificates of 100,000 won (high-priced gift condition) and 5,000-won gift (low-priced gift condition). Unlike the previous study that measured only one dependent variable (gratitude), this study added five more dependent variables in an attempt to exclude alternative explanations, such as endowment effects or emotional conflicts. This study also measured individualism / collectivism, face sensitivity, and materialism to explore the types of people who prefer expensive gifts. Results: The interaction effect between gift price and position on the level of appreciation was not significant. Meanwhile the main effect of gift price and of position were significant. The gift-recipient was more appreciative than the gift-givers' expectation regardless of the price of gifts. To investigate individual differences, individualism/collectivism, face sensitivity, and materialism were examined, but none of these variables were significantly related to the preference for expensive gifts. Respondents who received gift certificates in Study 2 were less grateful than those who received iPods or music CDs in Study 1. Conclusions: This study found that Koreans tend to be more grateful if they receive expensive gifts, in contrast to the Flynn and Adams (2009)'s study with Americans. In addition, gift-recipients appreciated more than givers' expectation and were more grateful when they received tangible products rather than gift certificates.