Is there ownership for money?

Mosi Rosenboim and Tal Shavit ()

Applied Economics Letters, 2015, vol. 22, issue 16, 1325-1328

Abstract: The experimental results from this study show that at least 50% of the subjects ask for more than a bill's face value when selling it (they ask for a premium), which indicates that there is an ownership effect for money. We also found that subjects who were asked to record the serial number of the bill requested a higher premium, indicating that this act strengthened the ownership effect.

Date: 2015
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DOI: 10.1080/13504851.2015.1029110

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