Endowment Effect

One concept. Four tiers of command. Which do you speak?

Category: Cognition

Foundational Lexiconmine is worth more
Executive Parlanceownership premium
Scholarly Discoursepossession-enhancement
Babel ZenithEndowment Effect
Origin: Richard Thaler

Etymology & Meaning

Valuing things more because you own them.

In the Boardroom

Overvaluing your company during acquisition talks.

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