Endowment effect in chimpanzees can be turned on and off: study

Thursday, July 5, 2012 - 10:30 in Psychology & Sociology

Groundbreaking new research in the field of "evolutionary analysis in law" not only provides additional evidence that chimpanzees share the controversial human psychological trait known as the endowment effect – which in humans has implications for law – but also shows the effect can be turned on or off for single objects, depending on their immediate situational usefulness.

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