NISM Professor

Endowment bias

An emotional bias in which people value an asset more when they hold rights to it than when they do not.

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series X-B
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