Wow, really good game-theory post. I was not sure where it was going at first... hehe.
Endowment theory is very logically consistent with reality:
"People are willing to spend more money to defend their rights than they are to violate others. Therefore the market would tend to reward the most profit-maximizing firms, which would be those who defended persons and property... Successful businesses depend on good reputations, and being fair promotes a better reputation than an agency that is going to rob and extort people."
Great post. Upvoted / followed. I came to the post when it was at $0.33, and only got back to reading it later. Congrats on being recognized for your quality!
Take care. Peace.
Thanks. Glad you enjoyed it.