Publication Type
Journal Article
Version
acceptedVersion
Publication Date
10-2015
Abstract
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
Keywords
Endowment effect, Ownership experience, Loss aversion, Valuation, Pricing
Discipline
Behavioral Economics | Social Psychology
Research Areas
Psychology
Publication
Journal of Behavioral and Experimental Economics
Volume
58
First Page
171
Last Page
177
ISSN
2214-8043
Identifier
10.1016/j.socec.2015.04.010
Publisher
Elsevier: 24 months
Citation
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: https://ink.library.smu.edu.sg/soss_research/2454
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.socec.2015.04.010