Publications Database

Welcome to the new Schulich Peer-Reviewed Publication Database!

The database is currently in beta-testing and will be updated with more features as time goes on. In the meantime, stakeholders are free to explore our faculty’s numerous works. The left-hand panel affords the ability to search by the following:

  • Faculty Member’s Name;
  • Area of Expertise;
  • Whether the Publication is Open-Access (free for public download);
  • Journal Name; and
  • Date Range.

At present, the database covers publications from 2012 to 2020, but will extend further back in the future. In addition to listing publications, the database includes two types of impact metrics: Altmetrics and Plum. The database will be updated annually with most recent publications from our faculty.

If you have any questions or input, please don’t hesitate to get in touch.

 

Search Results

Ashworth, L.A., Darke, P., McShane, L. and Vu, T. (2019). "The Rules of Exchange: The Role of an Exchange Premium in Producing the Endowment Effect.", Organizational Behavior and Human Decision Processes, 152, 11-14.

View Paper

Keywords
Abstract The endowment effect is one of the most robust and well-studied phenomena in the behavioral decision literature. The dominant explanation for this effect is that loss aversion and/or the psychological value of ownership changes the subjective valuation of an item. The current research presents evidence for an alternative account of endowment that requires no shift in subjective value. We argue that (a) individuals will only agree to exchange (i.e., buy and sell) if they perceive some minimum net gain, an exchange surplus, and (b) existing work cannot disentangle the possible effects of an exchange surplus from genuine shifts in subjective value because ownership and exchange are confounded in standard demonstrations of the endowment effect. Four experiments test this idea by separating the effects of exchange from ownership in various ways. Results indicate that exchange has a substantial effect on prices, that this effect appears to be independent of subjective valuation, and that it can explain valuation differences ordinarily ascribed to ownership. We discuss why individuals might demand an exchange surplus and the implications of this for monetary valuation.