4 ms·
That is the endowment effect https://en.m.wikipedia.org/wiki/Endowment_effect https://en.m.wikipedia.org/wiki/Endowment_effect
by prabhasp 8y ago
That is the endowment effect https://en.m.wikipedia.org/wiki/Endowment_effect https://en.m.wikipedia.org/wiki/Endowment_effect
- mercutio2 8y agoI was under the impression the endowment effect and loss aversion were synonyms. Is there a meaningful difference when these are used as psychological terms of art (as opposed to pop psych just-so explanations)?