What determines the value of possessions? : empirical tests of the self-extension theory of ownership

Owners tend to overvalue possessions relative to non-owners: a phenomenon known as the endowment effect. Over the years, many theories have been put forward in order to account for this robust disparity between owners' willingness to accept (WT A) and non-owners' willingness to pay (WTP)....

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Bibliographic Details
Main Author: Walasek, Lukasz
Published: University of Essex 2013
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.654584