Phrases with «endowment effect»

The endowment effect refers to the tendency of people to place a higher value on something they already own compared to the same thing they don't own. In simple terms, it means that we often think the things we have are worth more than they actually are. Full definition

Sentences with «endowment effect»

  • If this is not endowment effect, then what is? (equitymaster.com)
  • Decision to sell is the more difficult of the two because one tends to not sell something that should be sold thanks to commitment bias including endowment effect, social proof, and psychological denial. (equitymaster.com)
  • Morneau and Justin Trudeau are learning the power of the endowment effect. (macleans.ca)
  • (see all sentences)
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