Experimental Tests of the Endowment Effect and the Coase Theorem.

Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1990). Experimental Tests of the Endowment Effect and the Coase Theorem. Journal of Political Economy, 98(6), 1325-1348.

Type

Journal article

Intellectual base

Primary research

Year

1990

Volume

98

Issue

6

Pages

1325-1348

DOI registrant

University of Chicago Press

Link

https://doi.org/10.1086/261737 not authoritativefound

Cited from

behavioral_economics

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Loss Aversion
  • Endowment effect: the mug experiment: Kahneman, Knetsch, and Thaler (1990)

Domain-specific

• Endowment Effect
  • The Cornell mug experiment of Kahneman, Knetsch, and Thaler (Journal of Political Economy, 1990) is the defining demonstration

    This sourceMedian mug sellers asking about $5.25 against buyers' $2.25-$2.75, with trading volume well below the Coasean prediction.

    Supported in partVerified against the source

    Read by an automated reader; not a human review. How support was checked

Verification

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Registry ID ref:b092e7da8310 · see in the full table