In psychology and behavioral economics, the endowment effect, also known as divestiture aversion, is the finding that people are more likely to retain...

to pay. Showing that the endowment effect makes people value a good or service more if they possess it. The endowment effect theory's conclusions about...

surcharge avoided, has a significant effect on consumer behavior. Although traditional economists consider this "endowment effect", and all other effects of loss...

Gerald Häubl, and Anat Keinan as an attempt to explain the endowment effect. This effect is, empirically, a difference between the price at which an...

states without a public university with a large endowment. Counterbalancing the effect of the large endowments per student for private institutions, average...

impact of gains, dread yields double the emotional impact of savouring. Endowment effect, the tendency for people to demand much more to give up an object than...

suitable explanation for phenomena such as the status-quo bias and the endowment effect than loss aversion. The psychological inertia account asserts that...

Psychological hypothesis about intergroup contact Endowment effect – Cognitive bias Illusory truth effect – Repeating a falsity increases believability Interpersonal...

total funds available for spending Endowment effect, a cognitive bias Endowment, a term used for land reclamation Endowment of natural or other resources that...

many of the economic anomalies that he had identified, such as the endowment effect. From 1978 to 1995, he was a faculty member at the SC Johnson College...

knowledge Diderot effect Dunning–Kruger effect Einstellung effect Endowment effect Face superiority effect False fame effect False-consensus effect False-uniqueness...

remaining comfortable with what is known. Connected to this concept is the endowment effect, a theory that people value things more if they own them - they require...

Further non-rational cognitive processes include existence bias, endowment effect, longevity, mere exposure, and regret avoidance. Experimental evidence...

generally. Herbert Hovenkamp (1991) has argued that the presence of an endowment effect has significant implications for law and economics, particularly in...

explained by phenomena known in the psychological literature as: The endowment effect, in which people tend to overvalue the winning probability of the door...

higher if we own the object. This illustrates the phenomenon of the endowment effect—placing a higher value on property once possession has been assigned...

if they do not own the object. The endowment effect is found to occur as soon as an item is acquired and the effect increases over time. Another way in...

the endowment effect that cannot be parsimoniously explained by loss aversion. Two routes have been proposed to explain the mere ownership effect. Both...

money after bad in Wiktionary, the free dictionary. Disposition effect Endowment effect Escalation of commitment Region-beta paradox Foot-in-the-door technique...

dissonance Endowment effect Escalation of commitment Loss aversion Status quo bias Weber, Martin; Camerer, Colin (January 1995). "The disposition effect in securities...

trolley problem and has also been described as an explanation for the endowment effect and status quo bias. Taoism may gnomically promote inaction: "If you...

various gambling and betting puzzles, intertemporal consumption, and the endowment effect. It has also been argued that prospect theory can explain several empirical...

victims in Iraq versus the United States), spending in stores, and the endowment effect-or asking price for goods people have. Neuroscience of sex differences...

friend Jack Knetsch they worked on two papers on fairness and on the endowment effect. From 1979 to 1986, Kahneman published multiple articles and chapters...

current inferior bank for a superior bank. Conversazione Endowment effect Prospect theory Ikea effect Consumer behavior Organizational behavior Organizational...

Editor wars Endowment effect – ascribing higher value to what is one's own Ethnocentrism Galápagos syndrome Genetic fallacy Groupthink IKEA effect In-group...

psychology. The endowment effect has found that people ascribe more value to things merely because they own them. Nuttin puts the name-letter effect down to people...

hypothesis. From this they argued the endowment effect acts on us by making it painful for us to give up the endowment. Kahneman also argued against the rational-agent...

Knetsch, Jack L.; Thaler, Richard H. (1990). "Experimental Tests of the Endowment Effect and the Coase Theorem". Journal of Political Economy. 98 (6): 1325–48...

(2005-01-01). "The Willingness to Pay-Willingness to Accept Gap, the 'Endowment Effect,' Subject Misconceptions, and Experimental Procedures for Eliciting...