Tag Archives: endowment effect

The price of attachment

(featured image credit: Les Chatfield CC BY) Value is in the eye of the holder, even more than in the eye of the beholder Something terrible happened to me last weekend. Well, that is what it felt like, anyway. My … Continue reading

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How cold?

(featured image: Ross Dunn CC BY)   When we say something leaves us cold, we don’t always mean absolute zero Last Sunday, the Christmas lights were switched on in my town. This is an annual event, not just here, but … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Psychology | Tagged , | Leave a comment