November 2009
4 posts
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Super Simple v1.2- Pixelpost.org Template →
I got around to fixing that browse page bug on this template for pixelpost.org. Hooray, v1.2
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The Endowment Effect
“Losses are more bad than gains are good”
When something is given to you, it becomes part of your “endowment”. Taking a risk and losing it would be more detrimental than a potential gain.
Examples:
When purchasing a car, in one condition you are offered a model fully loaded with all the features. You are then allowed to strip the features from the car to receive your...