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. & Shin, Seung Youll & Hayes, Dermot J. & Kliebenstein, James, 1994. "Resolving Differences in Willingness to Pay and Willingness to Accept," Staff General Research Papers Archive 701, Iowa State University, Department of Economics.
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