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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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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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.
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