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experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
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Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....
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Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....
Persistent link: https://www.econbiz.de/10003779087
and selling valuations - are eroded when respondents participate in repeated markets. We report an experiment which …
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