Consumption experience, choice experience and the endowment effect
We report experiments investigating how experience influences the endowment effect. Our experiments feature endowments which are bundles of unfamiliar consumption goods. We examine how a subject’s willingness to swap items from their endowment is influenced by prior experiences of tasting the goods...
| Main Authors: | , , |
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| Format: | Article |
| Published: |
Springer
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/48424/ |