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The Willingness to Pay -- Willingness to Accept Gap, the 'Endowment Effect,' Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Reply
16 references·16 citing·26 second hopsampled
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1961Risk, Ambiguity, and the Savage Axioms7,892 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1953Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine4,117 cited
  • 1990Experimental Tests of the Endowment Effect and the Coase Theorem3,192 cited
  • 2000Experimental Tests of the Endowment Effect and the Coase Theorem2,873 cited
  • 2006A Model of Reference-Dependent Preferences2,726 cited
  • 1964Measuring utility by a single-response sequential method2,656 cited
  • 2005The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations664 cited
  • 2011The Willingness to Pay—Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment612 cited
  • 2001Loss Aversion and Seller Behavior: Evidence from the Housing Market418 cited
  • 2003Reference-dependent subjective expected utility273 cited
  • 20152007): Exchange asymmetries incorrectly interpreted as evidence of endowment effect theory and prospect theory

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248 cited
  • 2008The smart potential behind probability matching223 cited
  • 2009A Truth Serum for Non-Bayesians: Correcting Proper Scoring Rules for Risk Attitudes219 cited
  • Cited by

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    • 2009MISBEHAVIORAL URBAN ECONOMICS24 cited
    • 2018Why Behavioral Economics isn’t better, and how it could be13 cited
    • 2008The Harmonization of Contract Law through European Rules: a Law and Economics Perspective9 cited
    • 2013Subjective Bayesian Beliefs4 cited
    • 2007When the Shoe Is on the Other Foot3 cited
    • 2015Preference Cloud Theory: Imprecise Preferences and Preference Reversals3 cited
    • 2009A computational theory of exchange: Willingness to pay, willingness to accept and the endowment effect2 cited
    • 2016What Explains Observed Reluctance to Trade? A Comprehensive Literature Review2 cited
    • 2011Rational After All: Toward an Improved Theory of Rationality in Economics1 cited
    • 2008A Context Dependent Model of Decision Making Under Risk1 cited
    • 2005Is Status Quo Bias Consistent with Downward Sloping Demand?0 cited
    • 2014Public Health Voucher, Psychological Value, and Persuasion0 cited