Market Experience and willingness to trade: evidence from repeated markets with symmetric and asymmetric information
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KeywordsWTA/WTP disparity; endowment effect; market experience; bounded rationality; asymmetric information;
- D4 - Microeconomics - - Market Structure, Pricing, and Design
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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