Sunday, 11 December 2011

Endowment Effect & Adoption (via New York Times)


Elizabeth Fitzsimons, a reporter for The San Diego Union-Tribune, tell us her and his husband impressive story of adopting a chinese baby girl. The story is touching and impressive, and it shows how the Endowment Effect (people place a higher value on objects they own than objects that they do not) can be at work, even when we adopt a child. It also has a happy end!
If you have 7 minutes, you can check all the story here: Endowment&Adoption

No comments:

Post a Comment