Original source: SimoleonSense.com .
Introduction (via Poker News Daily)
John “JimmyLegs” Wray is a feared mid-stakes heads-up player, coach, video producer, and sponsored CardRunners pro, all while being a full-time father of two. Before getting bitten by the poker bug, he was a writer/director for TV and animation, a background that serves him well now that he’s regularly producing content for CardRunners. “Brain Fail,” his entertaining look at the intersection of poker and behavioral psychology, has quickly become one of the most popular and talked-about poker series on the web.
No, it’s not a slang term for a night out at Chippendales. The Endowment Effect is a very real force currently twisting your mind and affecting your ability to play rational poker. Don’t believe me? Let’s take a look at two scenarios with our hypothetical hero, Bob.
- Understanding The Endowment Effect
- Possession, feelings of ownership, and the endowment effect
- How Poker Can Make You a Better Investor!
- Dan Ariely On Auction Fever: The Effect Of Opponents And Quasi Endowment On Product Valuations
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