Endowment Effect and Market Effect: Revisited

Gideon Fishelson

No 275570, Foerder Institute for Economic Research Working Papers from Tel-Aviv University > Foerder Institute for Economic Research

Abstract: The question regarding the determinants of the earning differential between two population groups at a given time period, and of its evolvement over time has been given continuous attention over the past three decades. The difference of the market prices of various endowments has also been called "discrimination" and measures were suggested for its quantification. In this study we present alternative formulations for the evaluation of the endowments vs. the market factors. We recommend the one which is the most consistent and symmetric over groups and show its performance for U.S. data.

Keywords: Financial Economics; Marketing (search for similar items in EconPapers)
Pages: 21
Date: 1992-09
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/275570/files/TEL-AVIV-FSWP-207.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:isfiwp:275570

DOI: 10.22004/ag.econ.275570

Access Statistics for this paper

More papers in Foerder Institute for Economic Research Working Papers from Tel-Aviv University > Foerder Institute for Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().