Endowment effect
Revision as of 18:03, 8 January 2013 by Professional Pricing Society (talk | contribs) (Created page with "The endowment effect is the increased value humans place in a product once they possess that product over what they otherwise would. The '''endowment effect''' has been shown ...")
The endowment effect is the increased value humans place in a product once they possess that product over what they otherwise would. The endowment effect has been shown to be instantaneous in some cases.