Explicit vs implicit proprietorship: Can endowment effect theory explain exchange asymmetry?

Elias L. Khalil, Kevin Wu

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Plott and Zeiler (2007) manage to extinguish exchange asymmetry—but as a result of failing to control for whether the items are presented sequentially or simultaneously. This study examines the effect of timing. It finds that exchange asymmetry emerges when the timing is sequential, even when we follow the Plott/Zeiler methodology, i.e., use lottery.

LanguageEnglish
Pages117-119
Number of pages3
JournalEconomics Letters
Volume154
DOIs
StatePublished - 1 May 2017

Cite this

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abstract = "Plott and Zeiler (2007) manage to extinguish exchange asymmetry—but as a result of failing to control for whether the items are presented sequentially or simultaneously. This study examines the effect of timing. It finds that exchange asymmetry emerges when the timing is sequential, even when we follow the Plott/Zeiler methodology, i.e., use lottery.",
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Explicit vs implicit proprietorship : Can endowment effect theory explain exchange asymmetry? / Khalil, Elias L.; Wu, Kevin.

In: Economics Letters, Vol. 154, 01.05.2017, p. 117-119.

Research output: Contribution to journalArticleResearchpeer-review

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