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Koenfucius 🔍

@koenfucius

Accidental behavioural economist. Wisdom or koenfusion? Maybe the difference is not that big. https://t.co/X87SaDSfJV
@[email protected]

calendar_today02-03-2009 07:56:34

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Is the endowment effect not a consequence of loss aversion?
Cautious Utility—a new model—suggests it can arise from uncertainty about tradeoffs, and yields an endowment effect even if losses and gains are treated symmetrically:
buff.ly/3PZIA6E via coauthor @pietroortoleva

Is the endowment effect not a consequence of loss aversion? Cautious Utility—a new model—suggests it can arise from uncertainty about tradeoffs, and yields an endowment effect even if losses and gains are treated symmetrically: buff.ly/3PZIA6E via coauthor @pietroortoleva
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