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The Endowment Effect: Evidence of Losses Valued More than Gains

In: Handbook of Experimental Economics Results

Author

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  • Kahneman, Daniel
  • Knetsch, Jack L.
  • Thaler, Richard H.

Abstract

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Suggested Citation

  • Kahneman, Daniel & Knetsch, Jack L. & Thaler, Richard H., 2008. "The Endowment Effect: Evidence of Losses Valued More than Gains," Handbook of Experimental Economics Results, in: Charles R. Plott & Vernon L. Smith (ed.), Handbook of Experimental Economics Results, edition 1, volume 1, chapter 100, pages 939-948, Elsevier.
  • Handle: RePEc:eee:expchp:7-100
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    Cited by:

    1. Ashok Chakravarti, 2012. "Institutions, Economic Performance and the Visible Hand," Books, Edward Elgar Publishing, number 14751.
    2. Rimawan Pradiptyo & Gumilang Aryo Sahadewo, 2016. "Eliminating the Fuel Subsidy in Indonesia: A Behavioral Approach," EEPSEA Research Report rr20160310, Economy and Environment Program for Southeast Asia (EEPSEA), revised Mar 2016.
    3. Pradiptyo, Rimawan & Sahadewo, Gumilang Aryo, 2012. "On The Complexity of Eliminating Fuel Subsidy in Indonesia; A Behavioral Approach," MPRA Paper 40045, University Library of Munich, Germany.
    4. Oleg Uzhga-Rebrov & Peter Grabusts, 2021. "Cumulative Prospect Theory Version with Fuzzy Values of Outcome Estimates," Risks, MDPI, vol. 9(4), pages 1-16, April.
    5. Pradiptyo, Rimawan & Sahadewo, Gumilang Aryo, 2012. "A growing pain: an experimental approach to discover the most acceptable strategy for lifting fuel subsidy scheme in Indonesia," MPRA Paper 37073, University Library of Munich, Germany.

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    JEL classification:

    • C - Mathematical and Quantitative Methods

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