Bad riddance or good rubbish? Ownership and not loss aversion causes the endowment effect.
By Carey K. Morewedge, Lisa L. Shu, Daniel T Gilbert, Timothy D. Wilson. 2009
329 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/b163959b7f875211d0c0aaf8b4193cfdc660ac26
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Elizabeth W. Dunn
- Francesca Gino
- Daniel T Gilbert
- Timothy D. Wilson
- Maryam Kouchaki
- Martin Paul Fritze
- André Marchand
- Ata Jami
Citations in the corpus
- Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments (2011, unknown): “As a reminder, in Section 3.3 the 29A similar experiment is conducted by Morewedge et al. (2009), who report that people who already received a mug for free have a significantly higher WTP for a second mug than non-owners do for a first mug (or per mug if given the opportunity to buy two),…”
- If money doesn't make you happy, then you probably aren't spending it right (2011, background): “Nelson and Meyvis (2008) asked participants to sit in a chair equipped with a massage cushion.”
- I Own, So I Help Out: How Psychological Ownership Increases Prosocial Behavior (2020, background): “…(or “mere ownership effect,” Beggan 1992) demonstrate that individuals’ appraisals of an object’s worth vary depending on ownership, such that people believe that an object is worth more if they think they own it (Beggan 1992; Dommer and Swaminathan 2013; Morewedge et al. 2009; Peck and Shu 2009).”
- I’m Proud of It: Consumer Technology Appropriation and Psychological Ownership (2015, unknown): “…endowment effect, in which sellers value products more highly than buyers, finds that the effect results not only from loss aversion (Kahneman and Tversky, 1979), but also from ownership (Chatterjee, Irmak, and Rose, 2013; Dommer and Swaminathan, 2013; Morewedge et al., 2009; Shu and Peck, 2011).”
- Access-Based Services as Substitutes for Material Possessions: The Role of Psychological Ownership (2020, background): “Because psychological ownership reflects human possessive tendencies (Morewedge et al. 2009), it is distinct from related constructs such as brand attachment (Park et al. 2010; Park, Eisingerich, and Park 2013).”