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The fear of missing out — Part 3: Choices

Continued from previous article …

In this article we will talk about another consequence of Loss Aversion: Seeking more options and holding onto all options.

Keeping choices open


The fear of missing out — Part 2: The Endowment Effect

Continued from previous article …

Our aversion to loss also influences our behaviour in many subtler ways, two of which I would like to discuss here.

We overvalue what we own