Behavioral economists attribute some consumer behavior to the endowment effect. which of the following is an example of the endowment effect? an example of the endowment effect isa. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you didn't already own it. b. being unwilling to sell a painting that you already own. c. being willing to will your descendents a car upon your death that you otherwise could have sold for a substantial price. d. buying lottery tickets with an expected value that is less than their price. e. taking into account nonmonetary opportunity costs such as the value of your time.