The Willingness to Pay–Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations
Has this study been replicated?
The atlas records 1 replication of this study. Recorded outcomes: 1 failed. The earliest on record is from 2015.
Replications
- The willingness to pay–willingness to accept gap: A failed replication of Plott and Zeiler, Fehr et al. (2015). European Economic Review. Outcome recorded: failed.
the WTP-WTA gap does not disappear in the main task where subjects state their WTA or WTP for a mug.
Outcome read from the abstract. View paper
Cite this record
Plott, C. R., & Zeiler, K. (2005). The Willingness to Pay–Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations. American Economic Review, 95(3), 530–545. https://doi.org/10.1257/0002828054201387
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