DP583 Blue Porches: Finding the Limits of External Validity of the Endowment Effect

Author(s): Gharad Bryan, Matthew Grant, Kareem Haggag, Dean S. Karlan, Meredith Startz, Christopher Udry
Publication Date: September 1991
Date Revised: May 2020
Keyword(s): endowment effect, External Validity, Halloween
JEL(s): B4, D12, D81, H31
Programme Areas: Public Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=583

We test whether the endowment effect holds in an experiment conducted with children during Halloween trick-or-treating. We do not find evidence of the endowment effect in this context and experimental protocol.