The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ``bad-deal aversion?
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Publication:638623
DOI10.1007/s11238-010-9207-6zbMath1232.91310OpenAlexW2022527128MaRDI QIDQ638623
Publication date: 13 September 2011
Published in: Theory and Decision (Search for Journal in Brave)
Full work available at URL: http://wrap.warwick.ac.uk/38759/1/WRAP_Isoni_BDA_paper_accepted.pdf
loss aversionVickrey auctionsreference-dependenceprice sensitivitybad-deal aversionWTA/WTP disparity
Related Items (5)
Characterising competitive equilibrium in terms of opportunity ⋮ Sunk 'decision points': a theory of the endowment effect and present bias ⋮ Responding to (un)reasonable requests by an authority ⋮ The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ``bad-deal aversion? ⋮ Prospect theory and tax evasion: a reconsideration of the Yitzhaki puzzle
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