Learning to Like What You Have - Explaining the Endowment Effect
Learning to Like What You Have - Explaining the Endowment Effect is a scholarly work, published in 2005 in ''The Economic Journal''. The main subjects of the publication include class, institutional economics, economics, position, endowment effect, endowment, object, microeconomics, social preferences, Learning effect, and culture. The authors show that for a general class of evolutionary processes strictly positive endowment effects will survive in the long run.