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Does market experience eliminate market anomalies? : the case of exogenous market experience

List, John A. - 2011

"A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...

Persistent link: https://www.econbiz.de/10008939174

Scientific numerology, preference anomalies, and environmental policymaking

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Using random nth price auctions to value non-market goods and services

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Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience

List, John A. - 2011

A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...

Persistent link: https://www.econbiz.de/10012461749