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

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https://concepts.sagepub.com/social-science/concept/mere_ownership_effect

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