Examlex
The theme approach to instruction
Budget Constraints
Constraints that consumers face as a result of limited incomes.
Endowment Effect
Tendency of individuals to value an item more when they own it than when they do not.
Reference Point
A basis or standard for evaluation, comparison, or judgment.
Original Endowment
The initial allocation of income, wealth, resources, or goods that an individual or economy possesses before engaging in trade or production activities.
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