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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
experiment with 66 students to measure the house-money effect on their risk preferences. They received an amount of money with … group got it the day of the experiment. We find that, when facing possible losses, people in the treatment group showed a …
Persistent link: https://www.econbiz.de/10013147749
between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is …
Persistent link: https://www.econbiz.de/10010374180
between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is …
Persistent link: https://www.econbiz.de/10010345248
Exploiting the natural experiment of the German reunification, we examine how consumers adapt to a new environment in …
Persistent link: https://www.econbiz.de/10011937408
Exploiting the natural experiment of the German reunification, we examine how consumers adapt to a new environment in …
Persistent link: https://www.econbiz.de/10012317615
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/10013466461
Persistent link: https://www.econbiz.de/10013192409
uncertainty on financial decision-makers. We address this research gap by presenting a controlled laboratory experiment exposing …
Persistent link: https://www.econbiz.de/10013307955