All pages with keywords: endowment effect
The endowment effect and environmental discounting
There is a considerable body of evidence from behavioural economics and contingent valuation showing that our preferences exhibit both reference dependence and loss aversion, a.k.a. the endowment effect. In this … read more »
Filter by programme
- All FAQs
- Adaptation and development
- Carbon trading and finance
- Ecosystems, resources and the natural environment
- Energy, technology and trade
- Future generations and social justice
- Growth and the economy
- International environmental negotiations
- Modelling and decision making
- Private sector adaptation, risk and insurance
