Working Paper: CEPR ID: DP14772
Authors: Gharad Bryan; Matthew Grant; Kareem Haggag; Dean Karlan; Meredith Startz; Christopher Udry
Abstract: 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.
Keywords: endowment effect; halloween; external validity
JEL Codes: B4; D12; D81
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| endowment effect does not manifest in Halloween trick-or-treating (D11) | willingness to sell vs. buy candy bars (D41) |
| sentiment of ownership (G32) | willingness to sell vs. buy candy bars (D41) |
| swapping rates of different candy types (F31) | endowment effect (D11) |