What is Endowment Effect | Explained in 2 min

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In this video, we will explore What is Endowment Effect.
The endowment effect describes how people tend to value items that they own more highly than they would if they did not belong to them.

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Hey,
I’m Janis, but most people know me as a Productivity Guy.

I create content about productivity with the main mission being to educate and inspire people to transform their lives through effective principles and strategies.

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Kind Regards,
Janis

#productivityguy
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thank you so much for this! as a psychology student I didn't even understand the effect and now it is very much more clear. thank you!

paulaa
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How do you sell to someone with endowment effect? If I'm selling internet and someone has internet with a different company, how do. I approach that?

HighTimeQ
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Feedback: Please stop wasting my 25 seconds, we are watching your 2 minute videos because we don't have enough time?

You used to give your intro and subscription request at the start of first 25 seconds which you can do in the middle if not in the end but not in the starting of the video, Never !!!

amaze-on
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Please stop faking accents. It at sounds so irritating and please use your real. Its so cringe when someone fakes accent

practitioner