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Old 06-20-2008, 01:25 AM   #1

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The Endowment Effect: It’s Mine, I Tell You

Interesting article from The Economist: http://www.economist.com/science/dis...ry_id=11579107
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Old 06-20-2008, 05:54 AM   #2

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On the matter...

Thanks for providing us interesting food for discussion ST.

Those interested in the endowment effect, might also like to know it's been mentioned in another thread:

http://www.traderslaboratory.com/for...75-post46.html
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Old 06-20-2008, 12:28 PM   #3
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Re: The Endowment Effect: It’s Mine, I Tell You

Quote:
No suffering befalls the man who calls nothing his own.
Dhammapada

...and other eastern teachings indicate that there are only limited moments in each breath where mind has any chance of accomplishing that at all... no small wonder if 'having' is as biologically entrenched as this article suggests...
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