IDEAS home Printed from https://ideas.repec.org/a/vep/journl/y2003v111i3p397-407.html
   My bibliography  Save this article

Endowment Effect, Status Quo Bias and Contingent Valuation

Author

Listed:
  • Guido Ortona

    (Dipartimento delle Politiche Pubbliche e delle Scelte Collettive - Università del Piemonte Orientale, Alessandria)

  • Francesco Scacciati

    (Dipartimento di Economia - Univesità di Torino)

Abstract

Contingent valuation of public goods (or bads) is strongly biased due to the endowment effect and/or the status quo bias.

Suggested Citation

  • Guido Ortona & Francesco Scacciati, 2003. "Endowment Effect, Status Quo Bias and Contingent Valuation," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 111(3), pages 397-407.
    • Handle: RePEc:vep:journl:y:2003:v:111:i:3:p:397-407
    as

    Download full text from publisher

    File URL: http://riss.vitaepensiero.it/scheda-articolo_digital/guido-ortona-francesco-scacciati/endowment-effect-status-quo-bias-and-contingent-valuation-000518_2003_0003_0058-150768.html
    Download Restriction: Yes
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivehammar, Pernilla, 2014. "Valuing environmental quality in actual travel time savings – The Haningeleden road project in Stockholm," Research in Transportation Economics, Elsevier, vol. 48(C), pages 349-356.

    More about this item

    Keywords

    contingent valuation; willingness to pay; willingness to accept; endowment effect; status quo bias;
    All these keywords.

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vep:journl:y:2003:v:111:i:3:p:397-407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vep - Vita e Pensiero (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.