Endowment Effect, Status Quo Bias and Contingent Valuation

Contingent valuation of public goods (or bads) is strongly biased due to the endowment effect and/or the status quo bias.

Year of publication:	2003
Authors:	Ortona, Guido ; Scacciati, Francesco
Published in:	Rivista Internazionale di Scienze Sociali. - Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore. - Vol. 111.2003, 3, p. 397-407
Publisher:	Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore
Subject:	contingent valuation \| willingness to pay \| willingness to accept \| endowment effect \| status quo bias

Extent:	text/html
Type of publication:	Article
Classification:	C93 - Field Experiments ; H43 - Project Evaluation; Social Discount Rate
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010786974