Charles R. Plott
- The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations
2005/06/01 by Charles R. Plott, Kathryn Zeiler · 3 citations
Economics, Econometrics and Finance · Decision Sciences · Social Sciences · Psychology · #Economic and Environmental Valuation #Decision-Making and Behavioral Economics #Experimental Behavioral Economics Studies #Endowment effect #Willingness to pay #Subject (documents) #Incentive #Willingness to accept #Control (management) #Mechanism (biology) #Contingent valuation #Economics #Actuarial science #Psychology #Microeconomics #Computer science #Epistemology
- Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality
2001/07/01 by Vivian Lei, Charles Noussair, Charles R. Plott · 1 citation
Economics, Econometrics and Finance · Social Sciences · #Financial Markets and Investment Strategies #Complex Systems and Time Series Analysis #Experimental Behavioral Economics Studies #Irrationality #Speculation #Rationality #Asset (computer security) #Economics #Financial economics #Common knowledge (logic) #Economic bubble #Monetary economics #Microeconomics #Positive economics #Finance #Epistemology #Philosophy #Computer science #Computer security
- The Willingness to Pay—Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Reply
2011/04/01 by Charles R. Plott, Kathryn Zeiler · 1 citation
Decision Sciences · Economics, Econometrics and Finance · #Decision-Making and Behavioral Economics #Economic and Environmental Valuation #Housing Market and Economics #Lottery #Endowment effect #Economics #Willingness to pay #Context (archaeology) #Endowment #Willingness to accept #Outcome (game theory) #Microeconomics #Econometrics #Positive economics #Actuarial science #Law #Political science