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" You think a thing has more value simply because it belongs to you. Experts called behavioral economists have noted an issue they call the endowment effect, Dr. Tolin says. Merely owning an item causes you to exaggerate its value, or “endow” it with more worth. "

Peter Walsh , Lose the Clutter, Lose the Weight: The Six-Week Total-Life Slim Down


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Peter Walsh quote : You think a thing has more value simply because it belongs to you. Experts called behavioral economists have noted an issue they call the endowment effect, Dr. Tolin says. Merely owning an item causes you to exaggerate its value, or “endow” it with more worth.