(I wasn’t meaning to suggest that you’re crazy, but I did wonder about … hmm, not sure whether there’s a standard name for it. Being less prepared to spend X to get Y on account of having done so before and then lost Y. A sort of converse to the endowment effect.)
Gosh. It’s only £17 in the UK.
(I wasn’t meaning to suggest that you’re crazy, but I did wonder about … hmm, not sure whether there’s a standard name for it. Being less prepared to spend X to get Y on account of having done so before and then lost Y. A sort of converse to the endowment effect.)
Mental accounting has that effect in the short run, but seems unlikely to apply here.