Fighting the Endowment Effect

01/07/2015 9 min
Fighting the Endowment Effect

Listen "Fighting the Endowment Effect"

Episode Synopsis

As humans, we’re all affected by different behavioral biases. We often let emotions dictate our actions, which can lead to unfavorable outcomes. These inherent biases make rational investing a difficult task. The endowment effect is one such bias that works against us as investors. Professor of Behavioral Science and Economics at the University of Chicago Booth […]