In the housing market. the prices sellers would be willing to accept to sell their properties exceed the prices buyers would be willing to pay for them. Behavioural economics postulates that this discrepancy is due to the endowment effect. which is a cognitive bias that causes the overvaluation of the goods we own. https://thegreensjunglebeautyshops.shop/product-category/hair-treatment/
Real estate brokerage and endowment effects in the housing market: Evidence from Poland
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