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dc.contributor.authorZultan, Ro'ien_US
dc.contributor.authorBar-Hillel, Mayaen_US
dc.contributor.authorGuy, Nitsanen_US
dc.date.accessioned2011-01-12en_US
dc.date.accessioned2012-04-11T09:31:40Z-
dc.date.available2012-04-11T09:31:40Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/56918-
dc.description.abstract'Waste not want not' expresses our culture's aversion to waste. 'I could have gotten the same thing for less' is a sentiment that can diminish pleasure in a transaction. We study people's willingness to 'pay' to avoid this spoiler. In one scenario, participants imagined they were looking for a rental apartment, and had bought a subscription to an apartment listing. If a cheaper subscription had been declined, respondents preferred not to discover post hoc that it would have sufficed. Specifically, they preferred ending their quest for the ideal apartment after seeing more, rather than fewer, apartments, so that the length of the search exceeds that available within the cheaper subscription. Other scenarios produced similar results. We conclude that people may sometimes prefer to be wasteful in order to avoid feeling wasteful.en_US
dc.language.isoengen_US
dc.publisherUniv. [u.a.] Jenaen_US
dc.relation.ispartofseriesJena economic research papers 2011,002en_US
dc.subject.jelD03en_US
dc.subject.jelM31en_US
dc.subject.ddc330en_US
dc.subject.keywordwaste aversionen_US
dc.subject.keywordmental accountingen_US
dc.subject.keywordviolation of dominanceen_US
dc.subject.keywordcounterfactualen_US
dc.subject.keywordregreten_US
dc.subject.stwKonsumentenverhaltenen_US
dc.subject.stwEmotionen_US
dc.subject.stwVerhaltensökonomiken_US
dc.subject.stwWohnungswechselen_US
dc.subject.stwInformationskostenen_US
dc.subject.stwWillingness to payen_US
dc.titleWhen being wasteful appears better than feeling wastefulen_US
dc.typeWorking Paperen_US
dc.identifier.ppn643798145en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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