On the Endowment Effect in "Apple-Mars" Experiments

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Abstract

In this article we take a close look at a specific type of behavioural experiment concerning the endowment effect. We argue that if such experiments ignore to test for the presence of persons in the sample who are indifferent between alternatives, the identification procedure for establishing an endowment effect is fallible.
Original languageEnglish
Pages (from-to)47-50
JournalAPSTRACT: Applied Studies in Agribusiness and Commerce
Volume10
Issue number2-3
DOIs
Publication statusPublished - 2016

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