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The endowment effect

JohnCena494

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The endowment effect

The endowment effect

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states that we value an item more highly if we own it than if we do not own it.

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is the same as compartmentalizing.

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states that people are often willing to make themselves worse off in order to make someone else worse off.

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states that people are often willing to make themselves worse off in order to make someone else better off.

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a and d

Textbook

Economics

Edition: 12^th

Author: Arnold

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dcmc92

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JohnCena494 Author

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This helped my grade so much Perfect

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