Short-selling and the WTA-WTP gap
The experimental results of the current paper reveal positive relations between shortselling bidding prices and the WTA-WTP gap. This result may be explained by the status-quo bias.
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- Shogren, Jason F. & Cho, Sungwon & Koo, Cannon & List, John & Park, Changwon & Polo, Pablo & Wilhelmi, Robert, 2001. "Auction mechanisms and the measurement of WTP and WTA," Resource and Energy Economics, Elsevier, vol. 23(2), pages 97-109, April.
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