TED-ED: Why are we so attached to our things? - Christian Jarrett

The video explores the concept of ownership and the endowment effect, where people value items more once they own them. Experiments show that ownership influences our perception and decision-making. From childhood, we believe objects have a unique essence, a belief that persists into adulthood. Cultural factors also affect ownership perceptions, as seen in the Hadza people who don't exhibit the endowment effect. Hoarding disorder is linked to an exaggerated sense of ownership. The rise of digital technologies may change our relationship with possessions, but physical objects still hold unique value.

What new insight or understanding did you gain from this video?