Watch This — Here’s Why You Love the Things You Own
Ever wonder why you are so attached to your possessions? It’s most likely due to something known as the “endowment effect” and to our deep-seated belief that items contain their own special essences.
These quirks explain everything from why we value family heirlooms to why people bid enormous sums for items that once belonged to celebrities.
Curious to learn more? Check out the video below.
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This article was originally published on MoneyTalksNews.com as 'Watch This — Here’s Why You Love the Things You Own'.