The Endowment Effect Refers to the Tendency for People ____

Multiple Choice

The endowment effect refers to the tendency for people ____.

A) to regard items that they own as more valuable and desirable than they really are
B) to regard "natural talents" more positively than skills and traits that one has worked hard to acquire
C) to regard skills and traits that one has worked hard to acquire more positively than "natural talents"
D) to believe that most major skills and traits (e.g., intelligence, athleticism, humor) are fixed at birth and cannot be acquired through hard work