Skip to main content

Tag

loss-aversion

Explore 2 cognitive biases related to this topic.

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

Sunk Cost Fallacy

4 min read

Throwing good money after bad.

Cognitive Biases

/ Sunk Cost Effect