Related to https://en.wikipedia.org/wiki/Endowment_effect https://en.wikipedia.org/wiki/Endowment_effect (although that refers to being willing to pay more to a

Related to https://en.wikipedia.org/wiki/Endowment_effect https://en.wikipedia.org/wiki/Endowment_effect (although that refers to being willing to pay more to avoid losing something than to acquire it in the first place). Edit: actually, I'm not clear on the difference between the endowment effect and loss aversion.