Endowment Effect
10 min read
The endowment effect is our tendency to value things we own more highly than identical things we do not own, simply because they are ours.
Cognitive Biases / Valuation and ownership
/ Ownership Bias
Tag
Explore 2 cognitive biases related to this topic.
10 min read
The endowment effect is our tendency to value things we own more highly than identical things we do not own, simply because they are ours.
Cognitive Biases / Valuation and ownership
/ Ownership Bias
4 min read
Throwing good money after bad.
Cognitive Biases
/ Sunk Cost Effect