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...
16 KB (2,113 words) - 18:37, 26 April 2024
List of cognitive biases (redirect from Continued influence effect)
applied to an outcome than it actually has. An example of this is the IKEA effect, the tendency for people to place a disproportionately high value on...
108 KB (10,155 words) - 06:47, 6 September 2024
Mere ownership effect Loss aversion Omission bias Behavioral economics List of cognitive biases Sunk costs Transaction cost IKEA effect Roeckelein, J....
39 KB (4,851 words) - 21:15, 28 July 2024
Global furniture and homeware retailer IKEA has been criticized for various issues, including their raw material sourcing, the size of their stores, the...
23 KB (2,519 words) - 19:11, 9 September 2024
Effort justification (redirect from Effort justification effect)
been associated with Bowlby's attachment theory. Behavioral economics IKEA effect Omission bias Festinger, L. (1957) Cognitive dissonance. Stanford, Calif...
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wars Endowment effect – ascribing higher value to what is one's own Ethnocentrism Galápagos syndrome Genetic fallacy Groupthink IKEA effect In-group favoritism...
4 KB (446 words) - 03:31, 22 April 2024
more than those that involved automation. This valuation is named the IKEA effect, a term coined by Michael I. Norton of Harvard Business School, Daniel...
60 KB (6,359 words) - 22:36, 14 September 2024
List of effects (redirect from Effect (causality))
Hypersonic effect (acoustics) (hearing) (psychology) (ultrasound) Ideomotor effect IKEA effect (marketing) (psychology) Imbert–Fedorov effect (optical phenomena)...
34 KB (3,458 words) - 02:43, 21 July 2024
product that you developed is yours and no one else's. For instance, the IKEA effect reveals that those who create a particular item value that item more...
25 KB (2,745 words) - 08:10, 18 August 2023
Harvard Business School. He is also known for identifying and naming the IKEA effect. Norton received his B.A. from Williams College in 1997 and his Ph.D...
6 KB (444 words) - 05:04, 11 January 2023