The Endowment Effect Refers to the Tendency of Individuals To

question 56

Multiple Choice

The endowment effect refers to the tendency of individuals to:

• A) value an item more when they own it than when they do not.
• B) value an item more when they do not own it.
• C) value an item the same, whether they own it or not.
• D) value an item more when the lose it.