Possession, feelings of ownership and the endowment effect
Reb and Connolly, Judgment and Decision Making 2(2), 2007, 107-114. Stated ownership and physical possession were manipulated independently in endowment experiments. Possession significantly affected valuation, factual ownership did not; the possession effect was mediated by feelings of ownership and appeared to lead people to include the object in their reference point. No figures used.
Reb and Connolly, Judgment and Decision Making 2(2), 2007, 107-114. Stated ownership and physical possession were manipulated independently in endowment experiments. Possession significantly affected valuation, factual ownership did not; the possession effect was mediated by feelings of ownership and appeared to lead people to include the object in their reference point. No figures used.
Written from the abstract, 2026-11-07.
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Recorded when this source was checked, figures included, with page references and quotation marks removed.
Reb, J., & Connolly, T. (2007). Possession, feelings of ownership and the endowment effect. Judgment and Decision Making, 2(2), 107-114. doi:10.1017/s1930297500000085 https://doi.org/10.1017/s1930297500000085