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The Endowment Effect in a Public Good Experiment

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Author Info
Edward J. Lopez (San Jose State University)
W. Robert Nelson (Center for Study of Public Choice)

Additional information is available for the following registered author(s):

Abstract

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://129.3.20.41/eps/exp/papers/0512/0512001.pdf
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Publisher Info
Paper provided by EconWPA in its series Experimental with number 0512001.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
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.
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Web page: http://129.3.20.41

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Related research
Keywords: endowment effect public good willingness to pay

Other versions of this item:

Find related papers by JEL classification:
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
D1 - Microeconomics - - Household Behavior
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

This paper has been announced in the following NEP Reports:

References listed on IDEAS
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    Other versions:
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    Other versions:
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