aliases:
tags: Type/Concept,wikipedia,proto
from: ["[[Cognitive Bias]]"]
related: []
contra: []
to: []
dateCreated: 2022-09-20, 07:52
dateModified: 2023-10-09, 18:03
version: 1.0
publish: true
wiki: IKEA effect
> The IKEA effect is a cognitive bias in which consumers place a disproportionately high value on products they partially created. The name refers to Swedish manufacturer and furniture retailer IKEA, which sells many items of furniture that require assembly.
> A 2011 study found that subjects were willing to pay 63% more for furniture they had assembled themselves than for equivalent pre-assembled items.