The Willingness to Pay—Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment - Isoni, Andrea; Loomes, Graham; Sugden, Robert (The American economic review, 2011)
Keywords: Coffee mugs; Commodities; Consumer behavior; Consumer behaviour; Design; Economics; Endowment; Endowment effect; Experiment design; Experimental economics; Experimental procedures; Experimental replication; Experiments; Fees; Hypotheses; Lotteries; Misconception; Risk aversion; Shorter Papers; Standard deviation; Studies; Valuation; Willingness to pay; United States--US