Endowment Effect User Experience (UX) topic overview/definition

Endowment Effect: Concept Definition

The endowment effect is the idea that people tend to value something more simply because they already own it. This means that people are likely to pay more to keep something they already have than they would pay to buy something of a similar value that they do not already own. It also means that people are reluctant to trade something that they own for something of a similar value.

For your convenience, we’ve collected all UX literature that deals with Endowment Effect. Here’s the full list: