“Ownership is the most intimate relationship we have with objects.”— Daniel Kahneman, Thinking, Fast and Slow Think about your house.Or that bulky old sofa you’ve dragged across three homes.Someone points out a better layout.A smarter design.A cleaner, newer option.You nod.And still feel oddly defensive.That quiet resistance has a name in psychology.It’s called the Endowment Effect.…… Continue reading Why ‘Mine’ Feels Priceless
Tag: decision making
Becoming Decisive – Know the Why; Now the How!
Sequel to my previous blog Becoming Decisive – One ‘Yet’ at a Time “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.”— Theodore Roosevelt When I wrote about decision-making in my last…… Continue reading Becoming Decisive – Know the Why; Now the How!
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