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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
. The estimate derives from a large-scale (n=2,440) framed field experiment in which subjects choose between a guaranteed …
Persistent link: https://www.econbiz.de/10009411308
-insurance demand. An unanticipated tax reform in 2000 halved the tax exemption limit for capital income in Germany. We document that … the demand for life insurance reacted strongly to this change. With regard to bequest motives, we analyze the demand for … viewed as an experimental institutional setting where life-insurance demand was not influenced by tax considerations which …
Persistent link: https://www.econbiz.de/10003966524
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willingness to pay using data from a discrete choice experiment on local land-use changes and cultural ecosystem services …
Persistent link: https://www.econbiz.de/10012488382
usage by the means of a discrete choice experiment using a sample of 449 individuals from Germany. Graphical representations …
Persistent link: https://www.econbiz.de/10011958186
Persistent link: https://www.econbiz.de/10014549450