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Blue porches: finding the limits of external validity of the endowment effect

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Listed:
  • Bryan, Gharad
  • Grant, Matthew
  • Haggag, Kareem
  • Karlan, Dean
  • Startz, Meredith
  • Udry, Christopher

Abstract

We test whether the endowment effect holds in an experiment conducted with children during Halloween trick-or-treating. We do not find evidence of the endowment effect in this context and with this experimental protocol.

Suggested Citation

  • Bryan, Gharad & Grant, Matthew & Haggag, Kareem & Karlan, Dean & Startz, Meredith & Udry, Christopher, 2020. "Blue porches: finding the limits of external validity of the endowment effect," LSE Research Online Documents on Economics 105097, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:105097
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    References listed on IDEAS

    as
    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard H, 1990. "Experimental Tests of the Endowment Effect and the Coase Theorem," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1325-1348, December.
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    More about this item

    Keywords

    endowment effect; external validity; Halloween;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics

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