The endowment effect and the reference state: Evidence and manipulations
By J. Knetsch, Wei-Kang Wong. 2009
135 citations recorded by the source corpus.
Subfields: Economics and Econometrics, General Decision Sciences
View Paper: https://www.semanticscholar.org/paper/141c9d9b627d89efb186183fa2e214bcf413e23c
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Shane Frederick
- R. Weaver
- Jonathan Evans
- Daniel Kahneman
- K. Stanovich
- Keith Frankish
- Daniel M. Oppenheimer
- A. Glöckner
In General Decision Sciences
- Shane Frederick
- R. Weaver
- Jonathan Evans
- Daniel Kahneman
- K. Stanovich
- Keith Frankish
- Daniel M. Oppenheimer
- A. Glöckner
Citations in the corpus
- Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments (2011, unknown): “Knetsch and Wong (2009) find exchange asymmetries in an experimental treatment in which they give subjects an item, but tell them they do not yet own the item (but will own it at the end of the session).”
- A Reference Price Theory of the Endowment Effect (2012, background): “Our research builds on recent attempts to dissect loss aversion and better understand its role in the endowment effect (Ariely, Huber, and Wertenbroch 2005; Camerer 2005; Knetsch and Wong 2009; Novemsky and Kahneman 2005).”