This study examined how the type of ownership experience affects the valuation of a good. We hypothesized that the sense of ownership is a psychological derivative of resource acquisition and allocation. We predicted a valuation order of stable ownership or no-ownership
Endowment effect, Ownership experience, Loss aversion, Valuation, Pricing
Behavioral Economics | Social Psychology
Journal of Behavioral and Experimental Economics
Elsevier: 24 months
WANG, Xiao-Tian, ONG, Lay See, & TAN, Jolene.(2015). Sense and sensibility of ownership: Type of ownership experience and valuation of goods. Journal of Behavioral and Experimental Economics, 58, 171-177.
Available at: http://ink.library.smu.edu.sg/soss_research/2454
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.