Question: Question 1 0 1 pts The tendency to overvalue an item because you own it is referred to as which one of the following? endowment
Question
pts
The tendency to overvalue an item because you own it is referred to as which one of the following?
endowment effect
money illusion
regret aversion
myopic loss aversion
sunk cost fallacy
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
