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California Property Taxes

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Cheri Franklin | Jul 18, 2018

Proposition 13 and the Endowment Effect

Behavioral Finance
California Property Taxes
Cheri Franklin
CFP®
AIF®
CRPC®
Clarity Capital Advisors
Clarity Fiduciary Advisors
Fee Only Advisors
Jay D. Franklin
CFA®
CFP®
FSA®
Orange County
Proposition 13
The Endowment Effect

 

In behavioral finance, the endowment effect refers to the observed tendency of people to assign a higher value to an asset merely because they own it. On a

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