Search Results - subject:"Endowment Eﬀect"

The Endowment Effect and Expected Utility

Morrison, Gwendolyn C. - University <Nottingham> / Department of Economics

The endowment effect, which is well documented in the contingent valuationliterature, alters people’s preferences …UNIVERSITY OF NOTTINGHAM SCHOOL OF ECONOMICS DISCUSSION PAPER NO. 98/21 The Endowment Effect and Expected Utility by … Gwendolyn C. Morrison Abstract The endowment effect, which is well documented in the contingent valuation literature, alters …

Persistent link: https://www.econbiz.de/10005869319

Willingness to Pay and Willingness to Accept: have the differences been resolved?

Morrison, Gwendolyn C - Centre for Research into Industry, Enterprise, Finance … - 1994

endowment effect as a significant cause of the divergence between willingness to pay (WTP) and willingness to accept (WPA …) values. A more transparent means of testing for the presence of an endowment effect is discussed and the combined role that … the endowment effect and the degree of substitutability may play in this disparity is illustrated. Finally, experimental …

Persistent link: https://www.econbiz.de/10005536796

Der Endowment Effekt und das Beharrungsvermögen des Status quo

Bischoff, Ivo - In: List Forum Band 32

The current paper discusses the endowment effect and sketches the corresponding theoretical and empirical literature … and experiments is reviewed critically. Additionally, the paper points to the fact that the endowment effect can …

Persistent link: https://www.econbiz.de/10005677765

Experimental Study of Law

Camerer, Colin; Talley, Eric - In: Handbook of Law and Economics

This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...

Persistent link: https://www.econbiz.de/10005227969