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Endowment Effect
A cognitive bias where people assign more value to things they own than to identical items they do not own, leading investors to irrationally hold onto poor investments.
What is Endowment Effect?
A cognitive bias where people assign more value to things they own than to identical items they do not own, leading investors to irrationally hold onto poor investments.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
