IKEA Effect - Deepstash
IKEA Effect

IKEA Effect

We tend to value things more when we have a part in their creation.

Example: “Isn’t this a beautiful coffee table? I put it together myself!”

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aniyah_uj

"Money doesn't buy class." ~ Kiana Tom

This is the second part of 50 cognitive biases, as tweeted by Elon Musk. These are a must read for understanding human behaviour, including our own.

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The IKEA Effect

Is why we get attached to things when we had a hand in creating them. 

It echoes the sunk cost fallacy: We're not prioritizing the object/project as much as we are the resources we've put into it.

The IKEA effect is easy to put to good use at work. You can do it for your...

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