Consumption experience, choice experience and the endowment effect

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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...

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Bibliographic Details
Main Authors:	Humphrey, Steven J., Lindsay, Luke, Starmer, Chris
Format:	Article
Published:	Springer 2017
Subjects:	Endowment effect; Experience; Splitting effects
Online Access:	https://eprints.nottingham.ac.uk/48424/

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