Jay Inslee called for a 1 percent tax on residents who possess global wealth of $100 million. Here’s one of the more striking ...

The endowment effect, established by behavioral economics, is regarded as a cause of inertia. This paper examines its effects on trade policy preferences of 10,000 individuals in Japan. People ...

Since the end of the 19th Century, much of US history has been marred by meddling in the affairs of other nations. From William McKinley's Spanish-American War ...

In this episode we explore the endowment effect, the phenomenon of collectible cryptocurrency wallets and more. Hello there – I’m George Frankly and I’m going to take a look at how even the ...

What psychologists call the “Endowment Effect” takes hold: that is the psychological process by which we tend to overvalue what we own (because we own it), while tending to undervalue the ...