Zultan, Ro’i; Bar-Hillel, Maya; Guy, Nitsan - Max-Planck-Institut für Ökonomik <Jena> / Abteilung …
“Waste not want not” expresses our culture’s aversion to waste. “I could have gotten the samething for less” is a sentiment that can diminish pleasure in a transaction. We study people’s willingnessto “pay” to avoid this spoiler. In one scenario, participants imagined they were...