Jean Piaget discovered that ownership has a huge impact on our psychology at a very young age. Watch a video that explains how our things carry a huge impact on human nature, and the idea that ownership greatly contributes to the endowment effect.

Concepts

child psychology, Psychology

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Additional Tags

social studies

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Instructional Ideas

• Have learners talk about the things they hold strong value in and would cause them a great deal of stress if they ever had to let it go

Classroom Considerations

• Best suited for a psychology class studying the endowment effect

Pros

• Comes with links to research, a quiz to check for understanding, and questions to spark discussion

Cons

• None