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"People tend to place high value on products they partially have created. Hence, the name IKEA effect." - Frankly, I've never met anyone who thought that IKEA p
by kleiba 9y ago
"People tend to place high value on products they partially have created. Hence, the name IKEA effect." - Frankly, I've never met anyone who thought that IKEA products are of particularly high value. They're great because they offer modern-looking furniture that even students can afford, but at least where I live, the middle class stops considering IKEA once they leave student status behind, unless it's for book shelves or stuff like that in the study or the basement, i.e, not for rooms you actually live in.
- andai 9y agoWhere do you live? I guess I've only lived in poor and/or stingy countries, where frugality has a high status.