Tags » Endowment Effect

The Endowment Effect

I am sure many of you have come across this term somewhere, probably in the books on economics… but here’s a twist:

” Did you know this effect is “everywhere” & and it impacts us on a daily basis?” 1,005 more words

The Endowment Effect

Here is a full-page comic about the ‘Endowment Effect’:

I don’t know if this object coveting mentality has been with us all along and the very public use of smartphones has caused it to be more evident – or, if it is a new phenomenon. 125 more words