What is an endowment effect? Give an example of such an effect.

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:19 AM

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What is the endowment effect?
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What is an endowment effect? Give an example of such an effect.

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An endowment effect exists if an individual places a higher value on an ...View the full answer

Microeconomics

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