Neoclassical Theory Versus Prospect Theory: Evidence from the Marketplace

By John A. List. 2004

727 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/7e2c899f1eb813ef33d3ef09f8443ca900e090bb

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Citations in the corpus

The Behavioralist as Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance (2017, background): “Harrison, Glenn W. & John A. List (2004) Field Experiments.”
Loss aversion without the endowment effect, and other explanations for the WTA-WTP disparity (2005, methodology): “To provide experience, Shogren et al. (1994) used repetitions of a second price auction, Plott and Zeiler (2003) used extensive training in the BDM auction prior to the binding transaction, and List (2004) used a subject pool drawn from very experienced traders.”
Weird people, yes, but also weird experiments (2010, unknown): “& List, J. A. (2007) What do laboratory experiments measuring social”
Bad riddance or good rubbish? Ownership and not loss aversion causes the endowment effect. (2009, background): “For instance, the endowment effect is less pronounced among experienced traders (List, 2004) and among sellers who will be paid with items that are similar to those they are selling (Chapman, 1998).”
Field Experiments in Economics: the Past, the Present, and the Future (2008, unknown): “Moving closer to how naturally - occurring data are generated , Harrison and List ( 2004 ) denote a ' ' framed field experiment ' ' as the same as an artefactual field experiment , except that it incorporates important elements of the context of the naturally - occurring environment with respect to…”
Free markets and fettered consumers (2006, background): “These is experimental evidence that endowment effects are attenuated when traders are experienced; see Myagkov and Plott (1997), List (2004).”
Beyond WEIRD: Towards a broad-based behavioral science (2010, unknown): “& List, J. A. (2007) What do laboratory experiments measuring social”
The Moderating Effect of Prior Sales Changes on Asymmetric Cost Behavior (2014, background): “The implications of asymmetric cost behavior are further affected by behavioral factors such as the endowment effect (Kahneman et al. 2008; List 2004), hyperbolic discounting (Laibson 1997; Camerer et al. 2004; Dasgupta and Maskin 2005) and loss aversion (Kahneman and Tversky 1984; Kahneman 2003).”
Up Close and Personal: Investor Sophistication and the Disposition Effect (2006, background): “An NASD investor literacy survey (2003) that asked respondents 10 basic knowledge questions (e.”
The effect of reference point prices on mergers and acquisitions (2012, background): “…the asking price affects estimates of the value of a house, even among professional real estate agents who claim to view it as uninformative; but List (2004, 2005) and Plott and Zeiler (2005) qualifies this with evidence that experience attenuates or eliminates the endowment effect.4 Genesove…”