Pyo, Tae-Hyung; Kwon, JaeHwan; Gruca, Thomas; … - In: European Journal of Marketing 55 (2021) 8, pp. 2122-2145
Purpose: The endowment effect is arguably one of the most robust phenomena documented in economics, behavioral decision theory and consumer research. However, the endowment effect has traditionally been studied as a fairly static phenomenon at the transactional level of analysis....