| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060756 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠The paper introduces a mechanism to test for the endowment effect using a transaction cycle. ⺠The mechanism yields inequalities as a test for normative relations between WTP and WTA. ⺠Any reporting bias in the mechanism can be made arbitrarily small.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Thomas A. Weber,