Chinese are more loss averse than British.
This research investigates how culture might influence loss aversion. Chinese were expected to be more loss averse than British because of cultural differences in regulatory focus. Study 1 reveals that compared with British participants, Chinese participants were less likely to give up gifts they ha...
| Published in: | Asian Journal of Social Psychology Vol. 19; no. 2; pp. 154 - 163 |
|---|---|
| Main Authors: | , |
| Format: | research tables/charts Journal Article |
| Published: |
Wiley-Blackwell
Apr2016
|
| Online Access: | View this record in EBSCOhost |