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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.
SCIMA record nr: 211420
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