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 |
Syear |
Respondents |
Dataset |
Variables |
Availability |
Field |
Method |
Replication |
|---|---|---|---|---|---|---|---|---|
Dietmar Fehr (Universität Heidelberg), Dorothea Kübler (WZB Berlin) |
2022 |
tba |
inno |
~4/2025 |
Economics |
Survey items |
2018 |