This research provides evidence for a new moderator of the endowment effect: having memento endowed object. Three studies adapting classic effect paradigms and using variety objects mementos demonstrate that an increases willingness to trade decreases selling prices endowment. We provide attenuate regardless whether is separate small gain when facing loss or part original kept. Examining in con...

We examined the impact of specific emotions on the endowment effect, the tendency for selling prices to exceed buying or "choice" prices for the same object. As predicted by appraisal-tendency theory, disgust induced by a prior, irrelevant situation carried over to normatively unrelated economic decisions, reducing selling and choice prices and eliminating the endowment effect. Sadness also car...

Recent experimental research suggests that unpredicted behavior in the lab may result from endowment distribution and origin. We design an experiment to explore the impact of heterogeneous endowments and earned endowments on observed contributions in a linear public good game. Our results suggest that contribution levels were significantly lower when groups had heterogeneous rather than homogen...

A growing number of experimental studies focus on the differences between the lab and the field. One important difference between many lab and field experiments is how the endowment is obtained. By conducting a dictator game experiment, we investigate the influences of windfall and earned endowment on behavior in the laboratory and in the field. We find subjects donate more in both environments...

This article documents the instability and variation in public financing of public health functions at the federal and state levels. Trust for America's Health has charted federal funding for the Centers of Disease Control and Prevention, which in turn provides a major portion of financing for state and local public health departments, and has compiled information about state-generated revenue ...

This article examines the various kinds of health care financing models found in selected developed countries. A discussion of health care delivery models is followed by an overview of the national health delivery systems found in European, South America, Asian, and North American. A discussion on health reform focuses on the shift in financial resources from private to public sources in the ec...

We propose and study a new axiom, restricted endowment additivity, for the problem of adjudicating conflicting claims. This axiom requires that awards be additively decomposable with respect to the endowment whenever no agent’s claim is filled. For two-claimant problems, restricted endowment additivity essentially characterizes weighted extensions of the proportional rule. With additional agent...