An experimental investigation of the impact of experience on loss aversion
The first chapter introduces the thesis and reviews the literature on loss aversion, the endowment effect and the willingness to pay/willingness to accept gap, and the effects of experience. The second chapter reports an extended version of Knetsch's exchange of goods experiment to explore how...
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| Format: | Thesis (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/10748/ |