Results 11 to 20 of about 285,011 (291)
, 2003 The divergence between the willingness-to-pay (WTP) and willingness-to-accept (WTA) has resulted in two explanations. First, that this may be due to the manifestation of the endowment effect (Kahneman, Knetsch and Thaler, 1991).
Kujal, Praveen, Smith, Vernon
core +6 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
The Endowment Effect in Games [PDF]
European Economic Review, 2015 We study experimentally whether the endowment effect survives in a social and strategic context. Participants are asked for their Willingness-to-Accept (WTA) or Willingness-to-Pay (WTP) to play a series of 2x2 games. In the second part of the experiment,
Drouvelis, Michalis, Sonnemans, Joep
core +7 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
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
Rationing decisions and the endowment effect. [PDF]
J R Soc Med, 2020 Hubbeling D.
europepmc +3 more sources
Salience in Experimental Tests of the Endowment Effect [PDF]
American Economic Review, 2012 We provide a novel account of experimental evidence for the endowment effect using the salience mechanism (Bordalo, Gennaioli, and Shleifer, 2011). The two-stage procedure implemented in experiments implies that the endowed good and other goods are ...
Andrei Shleifer +2 more
core +5 more sources
Focusing on what you own: Biased information uptake due to ownership [PDF]
Judgment and Decision Making, 2012 The endowment effect has been debated for over 30 years. Recent research suggests that differential focus of attention might play a role in shaping preferences.
Nathaniel J. S. Ashby +2 more
doaj +2 more sources
Land, 2022 With China facing the challenges of fragmentation, multidimensionality, and the dynamics of relative poverty under the present situation, more attention is being paid to the role of land in poverty alleviation.
Dongsheng Zhang, Ming Yang, Ziyou Wang
doaj +1 more source
Endowment Effects in Contests [PDF]
SSRN Electronic Journal, 2011 We experimentally study overbidding in contests and find that overbidding is significantly higher when subjects are given a large per-experiment endowment rather than when the endowment is given per-period. Risk-aversion and non-monetary utility of winning can partially explain our findings.
Price, Curtis R., Sheremeta, Roman M.
openaire +2 more sources