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Endowment effect theory, prediction bias and publicly provided goods: an experimental study

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Author Info
Ivo Bischoff ()

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File URL: http://hdl.handle.net/10.1007/s10640-007-9126-3
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Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 39 (2008)
Issue (Month): 3 (March)
Pages: 283-296
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:enreec:v:39:y:2008:i:3:p:283-296

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Web page: http://www.springerlink.com/link.asp?id=100263

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Related research
Keywords: Endowment effect; Experiment; Loss aversion; Publicly Provided goods; H40; H43; Q51; C92;

References listed on IDEAS
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  1. Nape, Steven & Frykblom, Peter & Harrison, Glenn W. & Lesley, James C., 2003. "Hypothetical bias and willingness to accept," Economics Letters, Elsevier, vol. 78(3), pages 423-430, March. [Downloadable!] (restricted)
    Other versions:
  2. Davis, Harry L & Hoch, Stephen J & Ragsdale, E K Easton, 1986. " An Anchoring and Adjustment Model of Spousal Predictions," Journal of Consumer Research: An Interdisciplinary Quarterly, University of Chicago Press, vol. 13(1), pages 25-37, June.
  3. Hanemann, W Michael, 1991. "Willingness to Pay and Willingness to Accept: How Much Can They Differ?," American Economic Review, American Economic Association, vol. 81(3), pages 635-47, June. [Downloadable!] (restricted)
  4. Frey, Bruno S & Eichenberger, Reiner, 1991. " Anomalies in Political Economy," Public Choice, Springer, vol. 68(1-3), pages 71-89, January.
  5. Loewenstein, George & Adler, Daniel, 1995. "A Bias in the Prediction of Tastes," Economic Journal, Royal Economic Society, vol. 105(431), pages 929-37, July. [Downloadable!] (restricted)
  6. Jack L. Knetsch, 1994. "Environmental Valuation: Some Problems of Wrong Questions and Misleading Answers," Environmental Values, White Horse Press, vol. 3(4), pages 351-368, November. [Downloadable!] (restricted)
  7. Henrik Svedsäter, 2003. "Economic Valuation of the Environment: How Citizens Make Sense of Contingent Valuation Questions," Land Economics, University of Wisconsin Press, vol. 79(1), pages 122-135. [Downloadable!] (restricted)
  8. John A. List, 2003. "Neoclassical Theory Versus Prospect Theory: Evidence from the Marketplace," NBER Working Papers 9736, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  9. Nunes, Paulo A. L. D. & Schokkaert, Erik, 2003. "Identifying the warm glow effect in contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 231-245, March. [Downloadable!] (restricted)
  10. Morrison, Gwendolyn C, 1997. "Willingness to Pay and Willingness to Accept: Some Evidence of an Endowment Effect," Applied Economics, Taylor and Francis Journals, vol. 29(4), pages 411-17, April. [Downloadable!] (restricted)
  11. Ernst Fehr & Urs Fischbacher, 2004. "The nature of human altruism," Experimental 0402003, EconWPA. [Downloadable!]
  12. Franciosi, Robert & Kujal, Praveen & Michelitsch, Roland & Smith, Vernon & Deng, Gang, 1996. "Experimental tests of the endowment effect," Journal of Economic Behavior & Organization, Elsevier, vol. 30(2), pages 213-226, August. [Downloadable!] (restricted)
  13. West, Patricia M, 1996. " Predicting Preferences: An Examination of Agent Learning," Journal of Consumer Research: An Interdisciplinary Quarterly, University of Chicago Press, vol. 23(1), pages 68-80, June.
  14. Cooper, Philip & Poe, Gregory L. & Bateman, Ian J., 2004. "The structure of motivation for contingent values: a case study of lake water quality improvement," Ecological Economics, Elsevier, vol. 50(1-2), pages 69-82, September. [Downloadable!] (restricted)
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