The Endowment Effect and Housing Markets

This book aims to provide a comprehensive analysis of the so-called “endowment effect” in the housing market. In a nutshell, the phenomenon of overvaluing things we own which was first conceptualised in 1980 and has since been one of the most studied behavioural biases in economics.

Aceasta carte isi propune sa ofere o analiza cuprinzatoare a asa-numitului ,,efect de dotare" pe piata imobiliara. Pe scurt, fenomenul supraevaluarii lucrurilor pe care le detinem, conceptualizat pentru prima data in 1980 si care a fost de atunci una dintre cele mai studiate prejudecati comportamentale in economie.