In behavioral economics, the endowment effect describes the tendency of individuals to value an item more highly simply because they own it. Early researchers hypothesized that this cognitive bias was a universal human trait shaped by evolutionary adaptation. ________, subsequent cross-cultural studies conducted by anthropologists have revealed that the effect is significantly less pronounced, and in some cases entirely absent, among populations in non-industrialized societies that practice communal ownership.
Which choice completes the text with the most logical transition?
- AFurthermore
- BConsequently
- CSpecifically
- HoweverCevap
Cevap
The transition 'However' is the correct choice because it signals a contrast between the early hypothesis that the endowment effect is a universal trait and subsequent cross-cultural evidence showing it is not.
The passage presents a contrast between the assumption that the endowment effect is a universal human trait and the subsequent cross-cultural evidence showing that the effect is absent or weakened in societies with communal ownership. The transition 'However' correctly establishes this relationship of contrast.
Adım Adım Çözüm
Anahtar Kavram
Transitions: Contrast and Concession