One explanation is that the endowment effect makes people value a good or service more if they possess it.

This ruled out income effects as an explanation for the endowment effect.

Those in the afterwards condition rated it more highly (endowment effect).

One oddity that Schwartz notes in his book is the "endowment effect."

More strikingly, talk of changing the system may actually accentuate the endowment effect.

It might even be possible to use the endowment effect and the status-quo bias in the argument for change.

Endowment effects are traditionally explained as resulting from the investment of value based on ownership.

This argument, supported by empirical results over a series of experiments, explains the endowment effect simply.

Loss aversion and the endowment effect are often confused.

Mr. Greenspan may be the subject of a gigantic "endowment effect."

This illustrates the phenomenon of the endowment effect - placing a higher value on property once possession has been assigned.

They attribute it to a combination of loss aversion and the endowment effect, two ideas relevant to prospect theory.

Compounding the endowment effect is what economists dub the "status quo bias."

Experimental Test of the endowment effect and the Coase Theorem.

The endowment effect reveals the notion that people place a higher value on objects they own relative to objects they do not.

Most of us, for instance, are prey to the so-called "endowment effect": the mere fact that you own something leads you to overvalue it.

To avoid the endowment effect, Ariely suggests that we create a barrier between ourselves and the material things we are tempted by daily.

Behavioral economists warn of "the endowment effect," the tendency of investors to endow stock they own with more value than it has.

Lloyds was also badly hit by the fall in interest rates, which slashed the so-called 'endowment effect' from non-interest bearing accounts.

KKT also ruled out the explanation that lack of experience with trading would lead to the endowment effect by conducting repeated markets.

Connection-based theories propose that subjective feelings are responsible for an individual's reluctance to trade (i.e. the endowment effect).

This incentive compatible value elicitation method did not eliminate the endowment effect but did rule out habitual bargaining behavior as an alternative explanation.

Hanemann (1991), develops a neoclassical explanation for the endowment effect, accounting for the effect without invoking prospect theory.

Herbert Hovenkamp (1991) has argued that the presence of an endowment effect has significant implications for law and economics, particularly in regard to welfare economics.

Gal (2006) argued that the endowment effect, previously attributed to loss aversion, is more parsimoniously explained by inertia than by a loss/gain asymmetry.