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Thinking Like a Human: Endowment Effect

Thinking Like a Human: Endowment Effect

Released Friday, 25th August 2017
Good episode? Give it some love!
Thinking Like a Human: Endowment Effect

Thinking Like a Human: Endowment Effect

Thinking Like a Human: Endowment Effect

Thinking Like a Human: Endowment Effect

Friday, 25th August 2017
Good episode? Give it some love!
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Ever heard of the endowment effect? Endowment is an emotional bias causing humans to place higher value on assets we already own than we would if we did not yet possess those assets. From coffee cups and candy bars to municipal bonds, Finworx President Miranda Carr explains the endowment bias through real-life and economic examples. Find out how endowment can affect investors, and the one simple question advisors can ask to help clients combat the bias.

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