That is the endowment effect https://en.m.wikipedia.org/wiki/Endowment_effect | Hacker News

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prabhasp on Aug 5, 2018 | parent | context | favorite | on: Loss aversion is not supported by the evidence

That is the endowment effect https://en.m.wikipedia.org/wiki/Endowment_effect

mercutio2 on Aug 6, 2018 [–]

I was under the impression the endowment effect and loss aversion were synonyms.

Is there a meaningful difference when these are used as psychological terms of art (as opposed to pop psych just-so explanations)?

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