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Concept information

social science subjects > psychology > social psychology > the self > mere ownership effect
social science subjects > psychology > social psychology > judgment and decision making > mere ownership effect

Preferred term

mere ownership effect  

Definition

  • Definition The mere ownership effect refers to an individual's tendency to evaluate an object more favorably merely because he or she owns it. The endowment effect is a related phenomenon that concerns the finding that sellers require more money to sell an object than buyers are willing to pay for it. [Source: Encyclopedia of Social Psychology; Mere Ownership Effect]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-CNZZ2FDD-D

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