Weekly Journal – Endowment Efect
Follow the instructions below to complete your journal entry for this week:
The theory of endowment effect says that people place a higher value on objects they own than on objects that they do not own. Briefly describe a time when you experienced this endowment effect (selling your car, pricing items at a garage sale, etc.)
Please read and view (where applicable) the following Learning Resources before you complete this week’s assignments.