Endowment Effect

by csladmin


An emotional bias that causes individuals to place higher than market value on an owned object higher. This effect is commonly used in tandem with the Ikea Effect, where we take greater ownership over something we helped build.


  • Unlocking the Power of Behavioral Science, User-Centered Design, and AI for Digital Success
    Read More
  • Adding GPT to your Technology Roadmap
    Read More
  • 5 influential women in AI and ML
    Read More