Every time we create something whether it's a child or piece of IKEA furniture there is a high chance that we overvalue it. We fall in love with it and become attached to it.
We spend hours to assemble a piece of IKEA furniture and take pride in it as our own creation and art but most of our friends may look at it just as a cheap IKEA furniture.
Paying more for less
The joy of work
The not-invented-here bias
The case for revenge
Why we get used to things
The long term effects of short term emotions
and The IKEA effect are some irrational behaviors we have and Dan Ariely has written a very insightful book about them which is called "The upside of irrationality", I highly recommend it.
Paying more for less
The joy of work
The not-invented-here bias
The case for revenge
Why we get used to things
The long term effects of short term emotions
and The IKEA effect are some irrational behaviors we have and Dan Ariely has written a very insightful book about them which is called "The upside of irrationality", I highly recommend it.