Apicella, Coren L.; Azevedo, Eduardo M.; Christakis, … - In: American Economic Review 104 (2014) 6, pp. 1793-1805
The endowment effect, the tendency to value possessions more than non-possessions, is a well known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on...
