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Loss Aversion in Water Markets

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  • Ranjan, Ram
  • Shogren, Jason F.

Abstract

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Suggested Citation

  • Ranjan, Ram & Shogren, Jason F., 2004. "Loss Aversion in Water Markets," Working Papers 15656, University of Florida, International Agricultural Trade and Policy Center.
    • Handle: RePEc:ags:uflowp:15656
    DOI: 10.22004/ag.econ.15656
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    File URL: https://ageconsearch.umn.edu/record/15656/files/wp040006.pdf
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    References listed on IDEAS

    as
    1. D. Jay Goodman & Charles W. Howe, 1997. "Determinants of Ditch Company Share Prices in the South Platte River Basin," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 946-951.
    2. Bonnie G. Colby, 1990. "Transactions Costs and Efficiency in Western Water Allocation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(5), pages 1184-1192.
    3. Drazen Prelec, 1998. "The Probability Weighting Function," Econometrica, Econometric Society, vol. 66(3), pages 497-528, May.
    4. Chris Starmer, 2000. "Developments in Non-expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk," Journal of Economic Literature, American Economic Association, vol. 38(2), pages 332-382, June.
    5. John A. List, 2004. "Neoclassical Theory Versus Prospect Theory: Evidence from the Marketplace," Econometrica, Econometric Society, vol. 72(2), pages 615-625, March.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Mark T. Kanazawa, 2019. "Transaction Costs in Water Transfers: The issue of local control," Working Papers 2019-01, Carleton College, Department of Economics.

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    Resource /Energy Economics and Policy;

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