Endowment Effect: Trying To Buy People's Lottery Tickets | Why Are We All So Stupid?
Endowment Effect is our tendency to overvalue something simply because we own it. We tried to buy people’s lottery tickets for much more than they paid.
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#EndowmentEffect #CognitiveBehaviors
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Endowment Effect: Trying To Buy People's Lottery Tickets | Why Are We All So Stupid?
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#EndowmentEffect #CognitiveBehaviors
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Subscribe to our channel and visit us at:
BI on Facebook:
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BI on Twitter:
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Endowment Effect: Trying To Buy People's Lottery Tickets | Why Are We All So Stupid?
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