dc.creator | Rose, Cynthia Lynn | |
dc.date.accessioned | 2013-02-22T20:41:32Z | |
dc.date.available | 2013-02-22T20:41:32Z | |
dc.date.created | 2002 | |
dc.date.issued | 2013-02-22 | |
dc.identifier.uri | https://hdl.handle.net/1969.1/ETD-TAMU-2002-Fellows-Thesis-R6712 | |
dc.description | Due to the character of the original source materials and the nature of batch digitization, quality control issues may be present in this document. Please report any quality issues you encounter to digital@library.tamu.edu, referencing the URI of the item. | en |
dc.description | Includes bibliographical references (leaves 25-26). | en |
dc.description.abstract | This paper studies the implications of the endowment effect on the Coase Theorem. The endowment effect places a sharp bend or kink in the traditional indifference curve. Applying this result to the traditional two-party exchange model using Edgeworth box analysis identifies and explains the large no-trade zone found in the endowment effect literature. The Edgeworth endowment model explicitly shows that the endowment effect does not result in an inefficient volume of trade as previously thought. | en |
dc.format.medium | electronic | en |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | |
dc.publisher | Texas A&M University | |
dc.rights | This thesis was part of a retrospective digitization project authorized by the Texas A&M University Libraries in 2008. Copyright remains vested with the author(s). It is the user's responsibility to secure permission from the copyright holder(s) for re-use of the work beyond the provision of Fair Use. | en |
dc.subject | economics and agribusiness. | en |
dc.subject | Major economics and agribusiness. | en |
dc.title | Does the lack of trade matter?: the endowment effect and the Coase Theorem | en |
thesis.degree.department | economics and agribusiness | en |
thesis.degree.discipline | economics and agribusiness | en |
thesis.degree.name | Fellows Thesis | en |
thesis.degree.level | Undergraduate | en |
dc.type.genre | thesis | en |
dc.type.material | text | en |
dc.format.digitalOrigin | reformatted digital | en |