Nudge cover image

I tested 5 marketing principles to see if they really worked

Nudge

00:00

The Endowment Effect in Monkeys

The endowment effect is this evolutionary principle that has been visible in humans for thousands of years. In a study, researchers gave a monkey some peanut butter first and then offered it some juice. On average, only 21% of monkeys were willing to trade their peanut butter for juice. When they're given the juice first, the majority stay with the juice.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app