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  • The '''endowment effect''' is a phenomenon where possession of, or endowment with, a good or servic ...oney one is willing to pay in order to acquire the good or service. If the endowment effect is operational, there is a positive WTA/WTP gap: one needs more money to pa
    1 KB (183 words) - 07:00, 24 August 2008
  • 143 bytes (21 words) - 05:10, 14 September 2009
  • 416 bytes (69 words) - 09:07, 1 September 2020

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  • The '''endowment effect''' is a phenomenon where possession of, or endowment with, a good or servic ...oney one is willing to pay in order to acquire the good or service. If the endowment effect is operational, there is a positive WTA/WTP gap: one needs more money to pa
    1 KB (183 words) - 07:00, 24 August 2008
  • ...the risk of losing £100, than to the prospect of gaining £100]) and the "endowment effect" (the finding that the possessor of an asset typically requires a higher
    17 KB (2,715 words) - 17:01, 25 March 2012