Endowment Effect

The Endowment Effect describes the tendenca of individuals to place greater value on objects they own than on the same or a similar objekt they do not own. In this module, evidence for the universality of the endowment effect is studied using a representative sample. In addition, measures of loss aversion can be linked with the trading decision in the experiment.

Contact

Year

Respondents

Dataset

Variables

Availability

Dietmar Fehr, Universität Heidelberg [E-Mail]

2018

~3200

inno

im_endef, endef_01, endef_01_1, endef_03, endef_04a, endef_hh_dummy, endef_kont1, endef_05a, endef_05b, endef_05c, endef_05d, endef_05e, endef_05f, endef_06a, endef_06b, endef_07a, endef_07b

04/2021