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The Endowment Effect & The Buddhist Perspective.
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07-31-2012, 12:09 AM
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softy54534
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The Theravada Buddhist's answer to the Endowment Effect is that sentient beings tend to self-identify with the things they own.
For sentient beings, the strongest self-identification they have with is their physical body, their feelings, their perceptions, their thinking and their consciousness.
These are the five things sentient beings strongly self-identify with and think they possess them.
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