Results 21 to 30 of about 285,011 (291)
THE ENDOWMENT EFFECT AS BLESSING [PDF]
International Economic Review, 2018 AbstractWe study the idea that seemingly unrelated behavioral biases can coevolve if they jointly compensate for the errors that any one of them would give rise to in isolation. We suggest that the “endowment effect” and the “winner's curse” could have jointly survived natural selection together. We develop a new family of “hybrid‐replicator” dynamics.
Frenkel, Sivan +2 more
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Endowment Effects in Chimpanzees [PDF]
Current Biology, 2007 Human behavior is not always consistent with standard rational choice predictions. Apparent deviations from rational choice predictions provide a promising arena for the merger of economics and biology [1-6]. Although little is known about the extent to which other species exhibit these seemingly irrational patterns [7-9], similarities across species ...
Jones, Owen D. +5 more
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SAGE Open, 2023 China implements different social endowment insurance policies between urban and rural areas which may cause differences in investment decisions of urban and rural households.
Rui Li +4 more
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Frontiers in Environmental Science, 2022 : This paper investigates how regional energy endowment affects carbon emissions and whether energy capacity aggregation plays a mediating role. In the context of the “double carbon target”, it is important to study the relationship between energy ...
Guoyu Wang, Jinsheng Zhou
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Combinatorial auctions with endowment effect [PDF]
Games and Economic Behavior, 2018 We study combinatorial auctions with bidders that exhibit endowment effect. In most of the previous work on cognitive biases in algorithmic game theory (e.g., [Kleinberg and Oren, EC'14] and its follow-ups) the focus was on analyzing the implications and mitigating their negative consequences.
Moshe Babaioff +2 more
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The Impact of Resource Endowment on Provincial Green Development: An Empirical Analysis from China
Energies, 2023 Indepth research on the impact of energy endowment on provincial green development provides a new perspective for achieving high-quality provincial economic development.
Shaobo Liang +4 more
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Frontiers in Psychology, 2022 With the emergence of online open platforms and communities, remix has drawn much attention as an essential source of innovation whereby the knowledge endowment of online community users plays a crucial role.
Juan Tan +4 more
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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.
Lakshminaryanan V, Chen MK, Santos LR.
europepmc +4 more sources
Experimental tests of the endowment effect [PDF]
Journal of Economic Behavior & Organization, 1996 The endowment effect, which predicts undertrading and a willingness-to-accept greater than willingness-to-pay, is studied using responses that remove all reference to buying or selling and focuses only on choice tasks. The results significantly lower the willingness-to-pay/willingness-to accept discrepancy, but the latter is still significant.
Franciosi, Robert +4 more
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The endowment effect in the genes: An exploratory study [PDF]
Judgment and Decision Making, 2019 The endowment effect is a well-documented decision phenomenon, referring to a tendency that people price a commodity higher when selling it than when buying it.
Xingrong Hou +3 more
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