The Endowment Effect: Why You Find It So Hard to Sell Your Used Car

What is it? The endowment effect describes our tendency to overvalue the goods in our endowment — our possessions — just because they are ours.... The post The Endowment Effect: Why You Find It So Hard to Sell Your Used Car appeared first on SciTechDaily.
http://dlvr.it/SQyVB8

Popular Content

Google’s Quantum Computer Unlocks a Strange New Realm of Matter

SpaceX to Acquire EchoStar AWS-3 Spectrum Licenses in $2.6 Billion Stock Deal

What Lies Within? New Image From a Mysterious Galaxy Asks Big Questions