Consumption experience, choice experience and the endowment effect

Keywords

Endowment effect, Swap (finance), Economics, Endowment, Consumption (sociology)

References

• Do Anomalies Disappear in Repeated MarketsGraham Loomes, Chris Starmer, Robert Sugden — 2003
• Rational Individual Behavior in Markets and Social Choice Processes: the Discovered Preference HypothesisCharles R. Plott — 1993
• Regret aversion or event-splitting effects? more evidence under risk and uncertaintySteven J. Humphrey — 1995
• Status quo bias in decision makingWilliam Samuelson, Richard Zeckhauser — 1988
• Does Part-Whole Bias Exist? An Experimental InvestigationIan J. Bateman, Alistair Munro, D. Rhodes — 1997
• Testing for juxtaposition and event-splitting effectsChris Starmer, Robert Sugden — 1993
• Toward a positive theory of consumer choiceRichard H. Thaler — 1980
• Does market experience eliminate market anomaliesJohn A. List — 2003
• Taste uncertainty and status quo effects in consumer choiceGraham Loomes, Shepley Orr, Robert Sugden — 2009
• Reference-dependent subjective expected utilityRobert Sugden — 2003
• A Review of WTA/WTP StudiesJohn K. Horowitz, Kenneth E. McConnell — 2002
• The Effect of Ownership History on the Valuation of ObjectsMichal Strahilevitz, George Loewenstein — 1998
• Multiple-Unit Holdings Yield Attenuated Endowment EffectsKatherine A. Burson, David Faro, Yuval Rottenstreich — 2013
• Auction mechanisms and the measurement of WTP and WTAJason F. Shogren, Sungwon Cho, Cannon Koo — 2001
• The effects of splitting attributes on weights in multiattribute utility measurementMartin Weber, Franz Eisenführ, Detlof von Winterfeldt — 1988
• Anomalies: The Endowment Effect, Loss Aversion, and Status Quo BiasDaniel Kahneman, Jack L. Knetsch, Richard H. Thaler — 1991
• Reconsidering the Effect of Market Experience on the "Endowment Effect"Dirk Engelmann, Guillaume Hollard — 2010
• The Foundation of StatisticsR. F. Jarrett, L. James Savage — 1956
• Neoclassical Theory Versus Prospect Theory: Evidence from the MarketplaceJohn A. List — 2004
• Experimental Tests of the Endowment Effect and the Coase TheoremDaniel Kahneman, Jack L. Knetsch, Richard H. Thaler — 1990

Cited by

• Adaptive loss aversion and market experienceLuke Lindsay — 2019
• Choice uncertainty and the endowment effectChristina McGranaghan, Steven G. Otto — 2022
• Tradeoffs and decision-making in moderate to severe psoriasis for oral versus injectable treatments: data from patients and dermatologists in AustraliaSaxon D. Smith, Simon Fifer, M S Edwards — 2024
• Claiming Confidence in the Applicability of Research: A Critical ReviewDavid Gal, Bobby J. Calder, Brian Sternthal — 2023
• Preference Reversal, Choice Procedures and the Preference Discovery TheoryMarek Kapera — 2025

Related papers

• Endowment Effect: Applying to Marketing, Stock, and ManagementSiyue Kong — 2023
• Learning to Like What You Have - Explaining the Endowment EffectSteffen Huck, Georg Kirchsteiger, Jörg Oechssler — 1997
• Does the Endowment Effect Influence Outcomes in Takings Cases? An Exploratory Look at Some Important Cases and Suggestions for Additional ResearchRayman Mohamed — 2013
• Evidence of Query Theory as a Tool to Assist Restrained Eaters.Sudy Majd, Mark Conley, Elke U. Weber — 2017
• No endowment effect when people transact secondhand goods over the InternetSérgio Da Silva, Raul Matsushita, Silveira Eliza — 2015
• Speculations about Raising the Aged in Less Developed Rural AreasZhao Feng-lian — 2006
• The Impact of Endowment Heterogeneity and Origin on Public Good Contributions: Evidence From the LabTodd L. Cherry, Stephan Kroll, Jason F. Shogren — 2005
• Mispredicting the endowment effect:Leaf Van Boven, George Loewenstein, David Dunning — 2002