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What is the endowment effect?
0
votes
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asked
Jan 13
in
Psychology
by
SRVCyril8184
(
550
points)
What is the endowment effect?
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1
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Jan 13
by
MillieDalget
(
390
points)
The endowment effect is a cognitive bias where individuals ascribe more value to things they own or possess, than the same thing owned by someone else.
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