On the Endowment Effect in "Apple-Mars" Experiments

R. Haagsma; P.H.M. van Mouche

doi:10.19041/APSTRACT/2016/2-3/5

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 language	English
Pages (from-to)	47-50
Journal	APSTRACT: Applied Studies in Agribusiness and Commerce
Volume	10
Issue number	2-3
DOIs	https://doi.org/10.19041/APSTRACT/2016/2-3/5
Publication status	Published - 2016

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10.19041/APSTRACT/2016/2-3/5

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title = "On the Endowment Effect in {"}Apple-Mars{"} Experiments",

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.",

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DO - 10.19041/APSTRACT/2016/2-3/5

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JO - APSTRACT: Applied Studies in Agribusiness and Commerce

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On the Endowment Effect in "Apple-Mars" Experiments

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