On the endowment effect in `apple-mars’ experiments
Fájlok
Dátum
Szerzők
Folyóirat címe
Folyóirat ISSN
Kötet címe (évfolyam száma)
Kiadó
University of Debrecen, Faculty of Economics and Business
Absztrakt
Leírás
In this article we take a close look at a specific type of behavioural experiment that Antonides conducted to study the endowment effect. We argue that if such experiments ignore to test for the presence of persons in the sample who are indifferent between alternatives, the identification procedure for establishing an endowment effect is fallible.
Kulcsszavak
endowment effect, `apple-mars’ experiments