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The Endowment Effect in a Public Good Experiment Author info | Abstract | Publisher info | Download info | Related research | Statistics Edward J. Lopez (San Jose State University)
W. Robert Nelson (Center for Study of Public Choice)
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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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Paper provided by EconWPA in its series Experimental with number
0512001.
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Length: 30 pages
Date of creation: 02 Dec 2005Date of revision:
Handle: RePEc:wpa:wuwpex:0512001Note: Type of Document - pdf; pages: 30. Includes experiment forms and protocol.Contact details of provider: Web page: http://129.3.20.41
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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 :
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