Experimental Tests of the Endowment Effect (Kahneman, Knetsch, Thaler) on “Stuff I Keep Rereading”, a list by Malik Torres on TheLysts.
Details
Photo
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Name
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Field
Behavioral / experimental econ
Core idea
Lab experiments showing people value things more just because they own them, breaking standard preference symmetry.
Year
1990
How dense
Low-medium – short, with clean experimental design and results.
My take
You read this once and suddenly your closet, your sneaker collection, and half of Facebook Marketplace make perfect sense. Peak “I see this in my own life” paper.
TheLysts
