The idea that when we own something we value it more than other people do is called:
A)self control
B)anchoring
C)compartmentalizing
D)the endowment effect

Name: The idea that when we own something we value it more than other people do is called: A)self control B)anchoring C)compartmentalizing D)the endowment effect
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

The endowment effect is a cognitive bias where people ascribe more value to things merely because they own them.

The Idea That When We Own Something We Value It