Is the Endowment Effect a Reference Effect?
收藏数据链接：
官方服务：
资源简介：
This paper is aimed to assess, with two lab experiments, to what extent Kszegi and Rabin's (2006) model of expectations-based reference-dependent preferences can explain Knetsch's (1989) endowment effect. Departing from past work, we design an experiment that treats the two goods (a mug and a pen)
提供机构：
美国国家经济研究局创建时间：
2011-01-01
