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- W830264020 abstract "Employees often develop feelings of ownership towards both jobs and organizations (Pierce et al 2001; Ashkanasy et al 2007). The endowment effect literature has provided evidence that as an individual’s feelings of ownership towards a particular object or construct increase, so does the perceived value that individual assigns to that object or construct (Peck & Shu 2011). Through a multi-method approach involving surveys, interviews, as well as two separate experiments, This study attempts to bring together these two areas of research by postulating the existence of the endowment effect in employee recruitment processes. Specifically, this study examines the idea that job applicants may develop feelings of ownership towards positions they interview for, as well as exploring the link between psychological ownership and perceived attractiveness of an employment opportunity. Results indicate that the level of socialization an individual has with a job opportunity during a recruitment process has a significant effect on perceived value of that job when ratings of the job's attractiveness was used as a dependent variable. Specifically, ratings of the job's attractiveness were found to be higher for recruitment processes that required individuals to socialize more with the job opportunity. This finding was not supported however when Willingness to Accept (in terms of minimum amount of payment required to accept the job) was used as a dependent variable. Additionally, results did not indicate a significant link between the length or intensity of an interview process and feelings of psychological ownership towards a job opportunity. Implications of these results for both employers and applicants are discussed." @default.
- W830264020 created "2016-06-24" @default.
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- W830264020 date "2014-01-01" @default.
- W830264020 modified "2023-09-26" @default.
- W830264020 title "Psychological Ownership and the Endowment Effect in Employee Recruitment Processes" @default.
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