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This may explain why the Dowbrigade sold his 19-year-old son down the PITTSBURGH – Seemingly incidental emotions can influence the prices While prior research has found that people set a higher price for objects they from Carnegie Mellon<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":" This may explain why the Dowbrigade sold his 19-year-old son down the river for a song after Game 7 of the ALCS last October. PITTSBURGH – Seemingly incidental emotions can influence the prices at which individuals buy and sell goods, … Continue reading
\n river for a song after Game 7 of the ALCS last October.<\/em><\/p>\n
\n at which individuals buy and sell goods, according to a groundbreaking
\n study by researchers at Carnegie Mellon University.<\/p>\n
\nown than they themselves would be willing to pay – which economists call the
\nendowment effect – the Carnegie Mellon study found that people who are sad actually
\nare
\nwilling to accept less money to sell something than they would pay for the same
\nobject.
\nThe researchers also found that when people experience disgust, both buying and
\nselling prices fall. This multidisciplinary study will be published in the May
\nedition of Psychological Science, the prestigious journal of the American Psychological
\nSociety.<\/p>\n