Say that 90 percent of the people in a market demonstrate the endowment effect and 10 percent are rational Say that, initially, all people have equal wealth a How would you expect the wealth distribu...

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Say that 90 percent of the people in a market demonstrate the endowment effect and 10 percent are rational Say that, initially, all people have equal wealth a How would you expect the wealth distribution to change over time b Would you expect the traditional models predictions, which are based on t...

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Say that 90 percent of the people in a market demonstrate the endowment effect and 10 percent

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Introduction To Information Systems