Calcutta, December 21st, 1914. From The Honorary Secretary, The School of Tropical Medicine Endowment Fund, To The Surgeon-General with the Government of Bengal. Sir,?I have the honor to forward herewith the first subscription list of the School of Tropical Medicine Endowment Fund, showing a balance of Rs 1,72,351-7-0 to its credit. The expenses of printing and distributing the appeal have been...

We explore whether the recent laboratory findings that suggest the origin of endowment matters in simple bargaining games are actually due to contextual shifts of relative effort and deservingness. Results support previous findings of endowment origin yielding more self-interested behavior. Todd L. Cherry & Jason F. Shogren (2008) "Self-Interest, Sympathy And The Origin Of Endowments" Economic ...

Guiding qualified farmers to transfer their land is an important way alleviate the problem of abandonment, improve use efficiency, and achieve moderately large-scale management. Based on dual perspectives economic endowment endowment, this paper uses 2015 data China Household Finance Survey (CHFS), using semilogarithmic ordinary least-squares method logit model, explore differences in decisions...

Permission to copy without fee all or part of this material is granted provided that the copies are not made or distributed for direct commercial advantage, the VLDB copyright notice and the title of the publication and its date appear, and notice is given that copying is by permission of the Very Large Data Base Endowment. To copy otherwise, or to republish, requires a fee and/or special permi...

Permission to copy without fee all or part of this material is granted provided that the copies are not made or distributed for direct commercial advantage, the VLDB copyright notice and the title of the publication and its date appear, and notice is given that copying is by permission of the Very Large Data Base Endowment. To copy otherwise, or to republish, requires a fee and/or special permi...

I’crmission to copy without fee all or part of this material is granted provided that the copies are not made or distributed for direct commercial advantage, the VLDB copyright notice and title of the publication and its date appear, and notice is given that copying is by permission of the Very Large Data Base Endowment. To copy otherwise, or to republish, requires a fee and/or special permissi...

This paper studies the design of optimal contracts in dynamic environments where agents have private information that is persistent. In particular, I focus on a continuous time version of a benchmark insurance problem where a risk averse agent would like to borrow from a risk neutral lender to stabilize his income stream. The income stream is private information to the borrower and is persisten...

The endowment effect is a well-known behavioral regularity in which a person is less likely to trade a good when he is endowed with it. In their generalization of prospect theory to consumption bundles with multiple attributes, Tversky and Kahneman [1991] imply the endowment effect as a consequence of loss aversion and diminishing sensitivity in gains. It has since frequently been presumed that...

The endowment effect is the tendency for people who own a good to value it more than people who do not. Its economic impact is consequential. It creates market inefficiencies and irregularities in valuation such as differences between buyers and sellers, reluctance to trade, and mere ownership effects. Traditionally, the endowment effect has been attributed to loss aversion causing sellers of a...

Many studies report on a systematic disparity between the willingness to pay for a certain good (WTP) and the willingness to accept retribution payments in exchange for giving up this good (WTA). Thaler (1980) employs prospect theory to explain this disparity. The literature contains two different interpretations of his endowment effect theory. Accordingly, the disparity is caused either by the...