Arbeitspapier
Is there loss aversion in buying? An adversarial collaboration
This paper reports an exercise in adversarial collaboration. An adversarial collaboration is an investigation carried out jointly by two individuals or research groups who, having proposed conflicting hypotheses, seek to resolve the issue in dispute. The experiment reported was designed to reconcile differences between the apparently conflicting results of two previous experiments, one carried out by Kahneman, the other by the other authors. Specifically, it investigates whether, when consumers consider giving up money in exchange for goods, they construe potential money outlays as losses. This issue bears on the explanation of the widely observed disparity between willingness-to-pay and willingness-to-accept valuations of costs and benefits, which has proved so problematic for contingent valuation studies. The results of the experiment do not decisively resolve the question in dispute, but they are broadly consistent with the hypothesis that money outlays are perceived as losses.
- Sprache
-
Englisch
- Erschienen in
-
Series: CSERGE Working Paper EDM ; No. 03-07
- Klassifikation
-
Wirtschaft
- Thema
-
Adversarial collaboration
loss aversion
reference-dependent preferences
status quo bias
willingness to pay
Willingness to pay
Kooperation
Präferenztheorie
Nutzentheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bateman, Ian
Kahneman, Daniel
Munro, Alistair
Starmer, Chris
Sugden, Robert
- Ereignis
-
Veröffentlichung
- (wer)
-
University of East Anglia, The Centre for Social and Economic Research on the Global Environment (CSERGE)
- (wo)
-
Norwich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bateman, Ian
- Kahneman, Daniel
- Munro, Alistair
- Starmer, Chris
- Sugden, Robert
- University of East Anglia, The Centre for Social and Economic Research on the Global Environment (CSERGE)
Entstanden
- 2003
Ähnliche Objekte (12)
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Adversarial attacks and adversarial robustness in computational pathology
Generative Adversarial Privacy
Vote buying
Analysis of Adversarial Examples
Adversarial versus inquisitorial testimony
Self-Supervised Adversarial Shape Completion
Adversarial and Secure Machine Learning
Adversarial estimation of Riesz representers
Rights : buying, protecting, selling
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Adversarial attacks and adversarial robustness in computational pathology
Generative Adversarial Privacy
Vote buying
Analysis of Adversarial Examples
Adversarial versus inquisitorial testimony
Self-Supervised Adversarial Shape Completion
Adversarial and Secure Machine Learning
Adversarial estimation of Riesz representers
Rights : buying, protecting, selling
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Turkish-Russian adversarial collaboration in Syria, Libya, and Nagorno-Karabakh
Adversarial attacks and adversarial robustness in computational pathology
Generative Adversarial Privacy
Vote buying
Analysis of Adversarial Examples
Adversarial versus inquisitorial testimony
Self-Supervised Adversarial Shape Completion
Adversarial and Secure Machine Learning
Adversarial estimation of Riesz representers