Wanderman in the Wilderness

God's word applied in the world.

Practice “Divestiture Aversion” With Your Soul!

Richard Thaler, professor at the Booth School of Business, won the Nobel Prize for Economics this year. Thaler is known for his work on the “endowment effect.” Basically, It is the principle that people have a “divestiture aversion.” Or, in other words, people are unwilling to sell, or ascribe more […]

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