Talk:Endowment effect/Archives/2013

Phrasing/Hyphens
If WTA stands for "willingness to accept", as set up earlier in the article, then the example might need rewriting. At the moment, with acronyms expanded, it reads "participants willingness to accept compensation for the mug (once their ownership of the mug had been established) was approximately twice as high as their willingness to pay for it."

I feel like that contradicts the point of the effect. It sounds like they are twice as willing to accept compensation, when in fact the compensation must be twice as high.

A possible solution would be to write "WTA-compensation" - a hyphenated word which would mean "compensation enough to match the WTA".

If the current way of writing is standard, and accepted by participants in the field, then I withdraw my suggestion - but for a layperson reading the article, and expanding the acronyms (as one might), then the sentence's meaning is not what is intended by the sentence. iPhil (talk) 22:03, 4 February 2013 (UTC)