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The Endowment Effect in a Public Good Experiment

  • Edward J. Lopez

    (San Jose State University)

  • W. Robert Nelson

    (Center for Study of Public Choice)

Previous tests of the endowment effect have usually observed WTA-WTP disparities. Here, a public good experiment is employed. Both account framing and duration framing treatments are introduced to alter subjects’ perceived control over an initial endowment. Results do not indicate that preferences shift in a way consistent with the endowment effect.

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File URL: http://econwpa.repec.org/eps/exp/papers/0512/0512001.pdf
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Paper provided by EconWPA in its series Experimental with number 0512001.

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Length: 30 pages
Date of creation: 02 Dec 2005
Date of revision:
Handle: RePEc:wpa:wuwpex:0512001
Note: Type of Document - pdf; pages: 30. Includes experiment forms and protocol.
Contact details of provider: Web page: http://econwpa.repec.org

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