Results 31 to 40 of about 9,456,030 (287)
Endowment effect in capuchin monkeys [PDF]
Philosophical Transactions of the Royal Society B: Biological Sciences, 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, Venkat +2 more
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To trade or not to trade: The moderating role of vividness when exchanging gambles [PDF]
Judgment and Decision Making, 2011 Individuals are generally reluctant to trade goods---a phenomenon identified as the endowment effect. This paper focuses on consumers' puzzling reluctance to exchange gambles, and in particular lottery tickets with identical distribution (i.e., same odds
Michal Maimaran
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Neural Antecedents of the Endowment Effect [PDF]
Neuron, 2008 The "endowment effect" refers to the tendency to place greater value on items that one owns-an anomaly that violates the reference-independence assumption of rational choice theories. We investigated neural antecedents of the endowment effect in an event-related functional magnetic resonance imaging (fMRI) study. During scanning, 24 subjects considered
Knutson, Brian +5 more
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Super Majoritarianism and the Endowment Effect [PDF]
Theory and Decision, 2003 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Uriel Procaccia, Uzi Segal
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Organizacija, 2017 Background and purpose: Mainstream economic models do not take ownership into consideration. Only after the findings of behavioural economists was endowment effect widely observed.
Kolnhofer-Derecskei Anita
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Endowment effects? : "Even" with half a million on the table! [PDF]
, 2009 In the television show Deal or No Deal a contestant is endowed with a sealed box containing a monetary prize between one cent and half a million euros. In the course of the show the contestant is offered to exchange her box for another sealed box with ...
Blavatskyy, P. +5 more
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IS THE ENDOWMENT EFFECT AN EXPECTATIONS EFFECT? [PDF]
Journal of the European Economic Association, 2014 A hallmark result within behavioral economics is that individuals’ choices are affected by current endowments. A recent theory due to Kőszegi and Rabin (2006) explains such endowment effect with a model of expectations-based reference-dependent preferences.
Ori Heffetz, John A. List
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Heliyon, 2023 In this paper, six major cities in the Beijing-Tianjin-Hebei region of China are classified into two groups, namely core city (Beijing) and industrial cities.
Mingyang Wang, Rong Gao, Hua Ma
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Experimental tests of the endowment effect [PDF]
, 1994 The discrepancy between WTA and WTP is supposed to be a manifestation of the endowment effect (KKT). The discrepancy between the average WTA-WTP disappears in the sense of statistical significance (Shogren et. at.) in settings with repeated interactions.
Smith, Vernon +3 more
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Loss aversion (simply) does not materialize for smaller losses
Judgment and Decision Making, 2022 Loss aversion, the argument that losses are given more weight than gains, has been recently shown to be absent in small losses. However, a series of studies by Mrkva et al.
Dana Zeif, Eldad Yechiam
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