Exchange asymmetries incorrectly interpreted as evidence of endowment effect theory and prospect theory?

Plott (2007) · American Economic Review · Read the paper

No exchange asymmetries under modified procedures; asymmetries reappear with traditional-type procedures.

No exchange asymmetries under modified procedures; asymmetries reappear with traditional-type procedures.

Written from the abstract read 2026-10-12.

What our sources record

Reproduced as it was written when this source was checked, figures and all.

doi:10.1257/aer.97.4.1449. Abstract read: no exchange asymmetries under modified procedures; asymmetries reappear with traditional-type procedures.