The endowment effect in the future: How time shapes buying and selling prices

Previous research has focused on studying the endowment effect for transactions that take place in the present. Many real-world transactions, however, are delayed into the future (i.e., people agree to buy or sell, but the actual transaction does not materialize until a later time). Here we investig...

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Bibliographic Details
Main Authors: Shohei Yamamoto, Daniel Navarro-Martinez
Format: Article
Language:English
Published: Cambridge University Press 2022-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/22/220404/jdm220404.pdf