search query: @indexterm Evolutionary games / total: 12
reference: 4 / 12
| Author: | Huck, S. Kirchsteiger, G. Oechssler, J. |
| Title: | Learning to like what you have - explaining the endowment effect |
| Journal: | Economic Journal
2005 : JUL, VOL. 115:505, p. 689-702 |
| Index terms: | evolutionary games |
| Freeterms: | endowement effect |
| Language: | eng |
| Abstract: | This article discusses the endowment effect where people demand much more to give up an object than they are willingto spend to acquire it. The authors seek to explain this effect by showing that evolution favors individuals whose preferences embody an endowment effect |
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