Results 1 to 10 of about 40,679 (249)
Preschoolers and the endowment effect. [PDF]
PLoS ONE, 2014 We show that preschoolers exhibit the endowment effect as evidenced by experiments where children generally chose to keep their own toys rather than trading them for similar ones.
Sergio Da Silva +2 more
doaj +6 more sources
Choice uncertainty and the endowment effect. [PDF]
J Risk Uncertain, 2022 We experimentally test for the role of choice uncertainty in generating "endowment effects" - the robust empirical finding that endowing participants with an item raises their reported valuation relative to participants being asked to purchase it instead.
McGranaghan C, Otto SG.
europepmc +3 more sources
Modulating the Activity of MPFC With tDCS Alters Endowment Effect [PDF]
Frontiers in Behavioral Neuroscience, 2019 Endowment effect – the observation that people appear to attach more value to possessions than non-possessions – has been replicated in numerous experimental studies. Previous neuroimaging studies revealed that the medial prefrontal cortex (MPFC) plays a
Wenmin Guo +9 more
doaj +2 more sources
The Endowment Effect and Beliefs About the Market. [PDF]
Decision (Wash D C ), 2021 The endowment effect occurs when people assign a higher value to an item they own than to the same item when they do not own it, and this effect is often taken to reflect an ownership-induced change in the intrinsic value people assign to the object.
Achtypi E +4 more
europepmc +4 more sources
A Bayesian Modeling Approach to Examine the Role of Testosterone Administration on the Endowment Effect and Risk-Taking [PDF]
Frontiers in Neuroscience, 2022 Financial risk-taking and loss aversion are multifaceted phenomena that are the focus of neuroscience, psychology, and economics research. A growing number of studies highlighted the role of hormones (particularly of testosterone) on socio-economic ...
Mikhail Votinov +7 more
doaj +2 more sources
How the Custom Suppresses the Endowment Effect: Exchange Paradigm in Kanak Country [PDF]
Frontiers in Psychology, 2022 In this paper, Knetsch's exchange paradigm is analyzed from the perspective of pragmatics and social norms. In this paradigm the participant, at the beginning of the experiment, receives an object from the experimenter and at the end, the same ...
Jean Baratgin +5 more
doaj +2 more sources
Reversing the endowment effect [PDF]
Judgment and Decision Making, 2018 When given a desirable item, people have a tendency to value this owned item more than an equally-desirable, unowned item. Conversely, when the endowed item is undesirable, in some circumstances people have a tendency to swap it for an equally ...
Campbell Pryor +2 more
doaj +3 more sources
Land, 2022 Guiding qualified farmers to transfer their land is an important way to alleviate the problem of land abandonment, improve land use efficiency, and achieve moderately large-scale land management.
Ying Cheng
exaly +3 more sources
Endowment effect and housing decisions
International Journal of Strategic Property Management, 2016 Endowment effect refers to the reported gaps between willingness to accept and willingness to pay. According to prospect theory, this effect is a result of the underweighting of opportunity costs.
Helen X. H. Bao, Cynthia M. Gong
doaj +4 more sources
Endowment effect in capuchin monkeys. [PDF]
Philos Trans R Soc Lond B Biol Sci, 2008 In humans, the capacity for economically rational choice is constrained by a variety of preference biases: humans evaluate gambles relative to arbitrary reference points; weigh losses heavier than equally sized gains; and demand a higher price for owned goods than for equally preferred goods that are not yet owned. To date, however,
Lakshminaryanan V, Chen MK, Santos LR.
europepmc +4 more sources