Title of article
Are adults better behaved than children? Age, experience, and the endowment effect
Author/Authors
Harbaugh، William T. نويسنده , , Krause، Kate نويسنده , , Vesterlund، Lise نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-174
From page
175
To page
0
Abstract
We find that large increases in age do not reduce the endowment effect, supporting the hypothesis that people have reference-dependent preferences which are not changed by repeated experience getting and giving up goods.
Keywords
Nash equilibrium , ESS , Cournot , screening
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21628
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