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EEPSYCHOLOGIA
PsychologyWhy people choose the way they do

ENDOWMENT EFFECT

The tendency to value things more highly once you own them — or even just feel as though you own them.

Why it matters

Explains the power of free trials, configurators, and personalization.

What's missing without it

Without leveraging this mechanism, a product remains an abstraction until purchase.

When it is used

In free trials, configurators, and saved settings.

How we use it

Referring to items as the user's own: your plan, your project, saved for you.

Fun fact

In an experiment with mugs, those who received a mug demanded about twice as much for it as those who didn't have it were willing to pay. Same mug, only difference was ownership.

Numbers worth knowing

Psychology in data

18%

Odsetek Europejczyków posiadających prywatny produkt emerytalny (według EIOPA)

BCG2025Europe

3

Prognoza stosunku pracujących do emerytów w Europie do 2045

BCG2045Europe

31%

Odsetek konsumentów korzystających z AI na pewnym etapie ścieżki zakupowej, około 3-krotnie więcej niż 18 miesięcy temu.

Boston Consulting Group (BCG)2026global

Figures from the same field — collected in our market data base.

Related terms