Does anonymity affect the willingness to accept and willingness to pay gap? A generalization of Plott and Zeiler

@article{Brown2012DoesAA,
  title={Does anonymity affect the willingness to accept and willingness to pay gap? A generalization of Plott and Zeiler},
  author={Alexander L. Brown and Gregory R. Cohen},
  journal={Experimental Economics},
  year={2012},
  volume={18},
  pages={173-184}
}
Conventional value-elicitation experiments often find subjects provide higher valuations for items they posses than for identical items they may acquire. Plott and Zeiler (Am Econ Rev 95:530–545, 2005) replicate this willingness-to-pay/willingness-to-accept “gap” with conventional experimental procedures, but find no gap after implementing procedures that provide for subject anonymity and familiarity with the second-price mechanism. This paper investigates whether anonymity is necessary for… CONTINUE READING
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