Showing 1 - 10 of 5,353
We study the endowment effect and expectation-based reference points in the field leveraging the setup of the Socio-Economic Panel. Households receive a small item for taking part in the panel, and we randomly assign respondents either a towel or a notebook, which they can exchange at the end of...
Persistent link: https://www.econbiz.de/10013472430
We study the endowment effect and expectation-based reference points in the field leveraging the setup of the Socio-Economic Panel. Households receive a small item for taking part in the panel, and we randomly assign respondents either a towel or a notebook, which they can exchange at the end of...
Persistent link: https://www.econbiz.de/10014476660
Persistent link: https://www.econbiz.de/10011734766
Persistent link: https://www.econbiz.de/10008906799
Persistent link: https://www.econbiz.de/10008796757
Persistent link: https://www.econbiz.de/10003941273
Persistent link: https://www.econbiz.de/10011435658
Persistent link: https://www.econbiz.de/10012629844
"anchoring" phenomenon in the field. The first experiment produces evidence that inexperienced consumers can be anchored in the … experiment finds that anchors have only transient effects on prices and quantities traded: aggregate market outcomes converge to … the intersection of supply and demand after a few market periods …
Persistent link: https://www.econbiz.de/10014182869
Persistent link: https://www.econbiz.de/10010404682