Construct · 1 fields · 1 citations

quasi-endowment effect: a standalone construct

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quasi-endowmenteffect1 CONSTRUCTQuasi-endowment effectHEYMAN · CONSUMER RESEARCH

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Consumer research

the rise in value bidders place on an auctioned item while they are temporarily the highest bidder, before they actually own it.

In consumer research, quasi-endowment effect refers to the rise in value bidders place on an auctioned item while they are temporarily the highest bidder, before they actually own it. This meaning comes from Heyman (2004) in Journal of Interactive Marketing.[1]

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item1 fields · 1 citationsanchor · a standalone constructplace4 fields · 7 citationsjingle · one word, four constructsvalue6 fields · 12 citationsjingle · one name, six constructs

References

  1. Heyman, J. E., Orhun, Y., & Ariely, D. (2004). Auction fever: The effect of opponents and quasi-endowment on product valuations. Journal of Interactive Marketing, 18(4), 7-21. https://doi.org/10.1002/dir.20020

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