Thesis (M. Com. (Economics))--University of the Witwatersrand, Faculty of Commerce, Law and Management, School of Economic & Business Sciences, 2017 / In this study, I use a computer game based lab experiment to investigate the existence of the
Endowment Effect. Previous empirical evidence has been criticised for failing to adequately account
for the effects of transactions costs and other frictions. The structure of the game used in this study
allows me to control for these effects, and the results provide evidence in support of the existence of
an Endowment Effect. The effect is found to be stronger when transactions costs are present. / GR2018
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/24406 |
| Date | January 2017 |
| Creators | Cohen, Justin Simon |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | Online resource (60 leaves), application/pdf |
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