The Endowment Effect in a Public Good Experiment

Previous tests of the endowment effect have usually observed WTA-WTP disparities. Here, a public good experiment is employed. Both account framing and duration framing treatments are introduced to alter subjects’ perceived control over an initial endowment. Results do not indicate that preferences shift in a way consistent with the endowment effect.

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Year of publication:	2005-12-02
Authors:	Lopez, Edward J. ; Nelson, W. Robert
Institutions:	EconWPA
Subject:	endowment effect \| public good \| willingness to pay

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Extent:	application/pdf
Series:	Experimental.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 30. Includes experiment forms and protocol. 30 pages
Classification:	C91 - Laboratory, Individual Behavior ; D1 - Household Behavior and Family Economics ; H41 - Public Goods
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005124956