Finicade
Gut Thinker Lv 1
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Level 8 · ◆◆ · ~11 min

Loss Aversion & the Endowment Effect

Loss Aversion & the Endowment Effect

"Losses hurt about twice as much as equal gains feel good. That single number explains why we cling to what we own and freeze rather than change."

loss aversion (~2:1)the endowment effectstatus quo biasthe coin-flip testmyopic loss aversion
🚀 You're jumping ahead. This builds on Value, Not Wealth — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.