Essays about: "seller buyer disparity"

Found 1 essay containing the words seller buyer disparity.

  1. 1. The Day the Endowment Effect Went Missing

    University essay from Lunds universitet/Kognitionsvetenskap

    Author : Anton Wrisberg; [2019]
    Keywords : endowment effect; cognition; seller buyer disparity; price; information; increased information paradigm; uncertain utilities; Social Sciences;

    Abstract : The endowment effect, that people tend to value goods higher if owning them than if not, conflicts central economic principles. A new theory explains this price disparity by uncertain sellers’ and buyers’ strategic reliance on opposite borders of a spectrum of possible utilities of a good. READ MORE