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