The Willingness to Pay-Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment

被引:74
作者
Isoni, Andrea [1 ]
Loomes, Graham [1 ]
Sugden, Robert [2 ,3 ]
机构
[1] Univ Warwick, Dept Econ, Coventry CV4 7AL, W Midlands, England
[2] Univ E Anglia, Ctr Behav & Expt Social Sci, Norwich NR4 7TJ, Norfolk, England
[3] Univ E Anglia, Sch Econ, Norwich NR4 7TJ, Norfolk, England
关键词
REFERENCE-DEPENDENT PREFERENCES; EXPECTED-UTILITY; PROSPECT-THEORY; TO-PAY; CHOICE; EXPERIENCE; ANOMALIES; DECISION; AVERSION; THEOREM;
D O I
10.1257/aer.101.2.991
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:991 / 1011
页数:21
相关论文
共 36 条
[1]   MEASURING UTILITY BY A SINGLE-RESPONSE SEQUENTIAL METHOD [J].
BECKER, GM ;
DEGROOT, MH ;
MARSCHAK, J .
BEHAVIORAL SCIENCE, 1964, 9 (03) :226-232
[2]   The causes of order effects in contingent valuation surveys: An experimental investigation [J].
Clark, Jeremy ;
Friesen, Lana .
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2008, 56 (02) :195-206
[3]  
Corrigan JR, 2008, J AGR RESOUR ECON, V33, P290
[4]   z-Tree: Zurich toolbox for ready-made economic experiments [J].
Fischbacher, Urs .
EXPERIMENTAL ECONOMICS, 2007, 10 (02) :171-178
[5]   Individual sensitivity to framing effects [J].
Flachaire, Emmanuel ;
Hollard, Guillaume .
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2008, 67 (01) :296-307
[6]  
HANEMANN WM, 1991, AM ECON REV, V81, P635
[7]   A review of WTA/WTP studies [J].
Horowitz, JK ;
McConnell, KE .
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2002, 44 (03) :426-447
[8]   Learning to like what you have - Explaining the endowment effect [J].
Huck, S ;
Kirchsteiger, G ;
Oechssler, J .
ECONOMIC JOURNAL, 2005, 115 (505) :689-702
[9]  
ISONI A, THEORY DECI IN PRESS
[10]   Aspects of endowment:: A query theory of value construction [J].
Johnson, Eric J. ;
Haubl, Gerald ;
Keinan, Artat .
JOURNAL OF EXPERIMENTAL PSYCHOLOGY-LEARNING MEMORY AND COGNITION, 2007, 33 (03) :461-474