scholarly journals Salience in Experimental Tests of the Endowment Effect

2012 ◽  
Author(s):  
Pedro Bordalo ◽  
Nicola Gennaioli ◽  
Andrei Shleifer
Keyword(s):  
Experimental Tests ◽  
Endowment Effect

scholarly journals Experimental tests of the endowment effect

1996 ◽  
Vol 30 (2) ◽  
pp. 213-226 ◽  
Author(s):  
Robert Franciosi ◽  
Praveen Kujal ◽  
Roland Michelitsch ◽  
Vernon Smith ◽  
Gang Deng
Keyword(s):  
Experimental Tests ◽  
Endowment Effect

scholarly journals Salience in Experimental Tests of the Endowment Effect

2012 ◽  
Vol 102 (3) ◽  
pp. 47-52 ◽  
Author(s):  
Pedro Bordalo ◽  
Nicola Gennaioli ◽  
Andrei Shleifer
Keyword(s):  
Experimental Evidence ◽  
Experimental Tests ◽  
Endowment Effect ◽  
Two Stage ◽  
Reference Prices

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 evaluated in different contexts. We describe conditions under which the standard effect occurs, but also account for recent evidence such as a reverse endowment effect for bads and a role for reference prices in modulating the WTA-WTP gap.

Experimental Tests of the Endowment Effect and the Coase Theorem

1990 ◽  
Vol 98 (6) ◽  
pp. 1325-1348 ◽  
Author(s):  
Daniel Kahneman ◽  
Jack L. Knetsch ◽  
Richard H. Thaler
Keyword(s):  
Experimental Tests ◽  
Endowment Effect ◽  
Coase Theorem

Experimental Tests of the Endowment Effect and the Coase Theorem

2011 ◽  
pp. 55-74 ◽  
Author(s):  
DANIEL KAHNEMAN ◽  
JACK L. KNETSCH ◽  
RICHARD H. THALER
Keyword(s):  
Experimental Tests ◽  
Endowment Effect ◽  
Coase Theorem

Experimental Tests of the Endowment Effect and the Coase Theorem

2000 ◽  
pp. 211-231 ◽  
Author(s):  
Daniel Kahneman ◽  
Jack L. Knetsch ◽  
Richard H. Thaler
Keyword(s):  
Experimental Tests ◽  
Endowment Effect ◽  
Coase Theorem

scholarly journals Experimental Tests of the Endowment Effect

2000 ◽  
pp. 25-40
Author(s):  
Robert Franciosi ◽  
Praveen Kujal ◽  
Roland Michelitsch ◽  
Vernon L. Smith ◽  
Gang Deng
Keyword(s):  
Experimental Tests ◽  
Endowment Effect
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