search query: @indexterm Economic behaviour / total: 184
reference: 25 / 184
Author: | Weber, M. |
Title: | The impact of endowment framing on market prices - an experimental analysis |
Journal: | Journal of Economic Behavior and Organization
2000 : FEB, VOL. 41:2, p. 159-176 |
Index terms: | ECONOMIC BEHAVIOUR ORGANIZATION PRICES |
Language: | eng |
Abstract: | Framing effects are well known in individual decision making. Using experimental markets the authors investigated whether similar effects could be found in a market environment. Two series of experiments showed that negative framing can give different market prices than a positively framed endowment. The authors also found that volume may be affected by the framing of the endowment. |
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