Ownership

Ownership in the Media

Structures of media ownership take the form of either public or private enterprises. “Public” refers to those media funded at least partially out of general public revenues, whereas in the general sense “private” means media whose financing is provided by individuals, families, or groups. Public media can be state-owned (as in the former Soviet Union)

Mere Ownership Effect

Mere Ownership Effect Definition The mere ownership effect refers to an individual’s tendency to evaluate an object more favorably merely because he or she owns it. The endowment effect is a related phenomenon that concerns the finding that sellers require more money to sell an object than buyers are willing to pay for it. Taken