Endowment Effect

From Cognitive Attack Taxonomy

Endowment Effect

Short Description: The tendency for people to overvalue something they own compared to the amount they would pay to purchase.

CAT ID: CAT-2022-057

Layer: 8

Operational Scale: Tactical

Level of Maturity: Observed in the Wild

Category: Vulnerability

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Detailed Description: The tendency for people to overvalue something they own compared to the amount they would pay to acquire that same thing.

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