Money Mindset & PsychologyBehavioral Economics
The Endowment Effect
Owning something makes it feel worth more
Hand someone a $6 mug, and they'll ask about twice what a buyer would pay for it. Would your brain do the same?
You'll find out
- Your own price gap, measured
- Why owners and buyers can't agree
- Who barely feels it at all
Why it matters
Your car, your home, your stocks: the same quirk can set your price. Seeing it is the first step past it.
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