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Endowment Effects in the Field: Evidence from India's IPO Lotteries

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

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Behavioral Economics
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Bad riddance or good rubbish? Ownership and not loss aversion causes the endowment effect
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Corporate financing decisions when investors take the path of least resistance☆
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Caught on tape: Institutional trading, stock returns, and earnings announcements
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Realization utility
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Allocation of initial public offerings and flipping activity
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Why Do IPO Underwriters Allocate Extra Shares when They Expect to Buy Them Back?
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Alternative Transformations to Handle Extreme Values of the Dependent Variable
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Income and Outcomes: A Structural Model of Intrahousehold Allocation
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Focusing on the Forgone: How Value Can Appear So Different to Buyers and Sellers
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An Endowment Effect for Risk: Experimental Tests of Stochastic Reference Points
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Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?
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All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors
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Realization Utility with Reference-Dependent Preferences
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Predicting the Present with Google Trends
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The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence
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A Simple Model of Capital Market Equilibrium with Incomplete Information
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Liquidity and Market Structure
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Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis
inferredcites →https://doi.org/10.1111/j.1540-6261.2008.01316.xopenalex-snapshot
Individual Investor Trading and Stock Returns
inferredcites →https://doi.org/10.1111/j.1540-6261.2009.01447.xopenalex-snapshot
Investor Inattention and Friday Earnings Announcements
inferredcites →https://doi.org/10.1111/j.1540-6261.2009.01501.xopenalex-snapshot
Driven to Distraction: Extraneous Events and Underreaction to Earnings News
inferredcites →https://doi.org/10.1111/j.1540-6261.2011.01679.xopenalex-snapshot
In Search of Attention
inferredcites →https://doi.org/10.1111/jeea.12084openalex-snapshot
IS THE ENDOWMENT EFFECT AN EXPECTATIONS EFFECT?
inferredcites →https://doi.org/10.1146/annurev-economics-080213-041320openalex-snapshot
The Endowment Effect
inferredcites →https://doi.org/10.1162/003355301753265543openalex-snapshot
The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior
inferredcites →https://doi.org/10.1162/00335530360535144openalex-snapshot
Does Market Experience Eliminate Market Anomalies?
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A Model of Reference-Dependent Preferences
inferredcites →https://doi.org/10.1257/0002828054201387openalex-snapshot
The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations
inferredcites →https://doi.org/10.1257/0002828054825493openalex-snapshot
Optimal Expectations
inferredcites →https://doi.org/10.1257/aer.101.1.129openalex-snapshot
Is Tiger Woods Loss Averse? Persistent Bias in the Face of Experience, Competition, and High Stakes
inferredcites →https://doi.org/10.1257/aer.101.3.313openalex-snapshot
Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience
inferredcites →https://doi.org/10.1257/aer.102.1.576openalex-snapshot
The Impact of Shrouded Fees: Evidence from a Natural Experiment in the Indian Mutual Funds Market
inferredcites →https://doi.org/10.1257/aer.102.3.47openalex-snapshot
Salience in Experimental Tests of the Endowment Effect
inferredcites →https://doi.org/10.1257/aer.89.5.1279openalex-snapshot
Do Investors Trade Too Much?
inferredcites →https://doi.org/10.1257/aer.97.4.1047openalex-snapshot
Reference-Dependent Risk Attitudes
inferredcites →https://doi.org/10.1257/app.5.4.1openalex-snapshot
Explaining Charter School Effectiveness
inferredcites →https://doi.org/10.1257/pol.20130220openalex-snapshot
The Impact of Regulation on Mortgage Risk: Evidence from India
inferredcites →https://doi.org/10.1287/mnsc.36.12.1451openalex-snapshot
Are Risk-Attitudes Related Across Domains and Response Modes?
inferredcites →https://doi.org/10.1287/mnsc.36.6.643openalex-snapshot
Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice
inferredcites →https://doi.org/10.1509/jmr.09.0103openalex-snapshot
A Reference Price Theory of the Endowment Effect
inferredcites →https://doi.org/10.2139/ssrn.1094834openalex-snapshot
The Inattentive Participant: Portfolio Trading Behavior in 401(K) Plans
inferredcites →https://doi.org/10.2139/ssrn.2529348openalex-snapshot
Randomizing Endowments: An Experimental Study of Rational Expectations and Reference-Dependent Preferences
inferredcites →https://doi.org/10.2139/ssrn.2568748openalex-snapshot
The Effects of Experience on Investor Behavior: Evidence from India's IPO Lotteries
inferredcites →https://doi.org/10.2139/ssrn.2580852openalex-snapshot
An Experiment on Reference Points and Expectations
inferredcites →https://doi.org/10.2307/1885962openalex-snapshot
Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value
inferredcites →https://doi.org/10.2307/1914185openalex-snapshot
Prospect Theory: An Analysis of Decision under Risk
inferredcites →https://doi.org/10.2307/2998558openalex-snapshot
Estimating the Labor Market Impact of Voluntary Military Service Using Social Security Data on Military Applicants
inferredcites →https://doi.org/10.2307/j.ctvcm4j72openalex-snapshot
Mostly Harmless Econometrics
inferredcites →https://doi.org/10.3386/w1176openalex-snapshot
Optimal Stock Trading with Personal Taxes: Implications for Prices and the Abnormal January Returns
inferredcites →https://doi.org/10.3386/w15010openalex-snapshot
Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
inferredcites →https://doi.org/10.3386/w16908openalex-snapshot
Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience
inferredcites →https://doi.org/10.3386/w20000openalex-snapshot
Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience
inferredcites →https://doi.org/10.3386/w21386openalex-snapshot
Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market
inferredcites →https://doi.org/10.3982/ecta7624openalex-snapshot
Optimal Inattention to the Stock Market With Information Costs and Transactions Costs
inferredcites →https://doi.org/10.3982/ecta8424openalex-snapshot
Reconsidering the Effect of Market Experience on the ''Endowment Effect''

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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