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6 Oct 2009, 12:04 am
Fortunately, Josh was able to provide a  concise answer of his own at Truth on the Market, including a reference to the Plott & Zeiler paper linked in the comments by BDG. [read post]
6 Oct 2009, 1:22 pm
from John Carney offering up the explanation that the behavioral economists have overclaimed and that “the Endowment Effect may really be a response to the counterparty risk faced by early humans. [read post]