An Endowment Effect Study in the European Union Emission Trading Market based on Trading Price and Price Fluctuation

This paper pioneers to investigate the endowment effect in the European Union mission Trading Scheme (EU ETS) as well as the impacts of trading experience and compliance pressure on the endowment effect. This study is based on the complete transaction records of the market. In the data set, the reco...

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Bibliographic Details
Main Authors: Jiqiang Wang, Fu Gu, Yingpeng Liu, Ying Fan, Jianfeng Guo
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:International Journal of Environmental Research and Public Health
Subjects:
WTA
WTP
Online Access:https://www.mdpi.com/1660-4601/17/9/3343