IKEA Effect vs. Trophy Effect – An Experimental Comparison

IKEA Effect vs. Trophy Effect – An Experimental Comparison

mer’s valuation of the product. These phenomena are called the IKEA and the trophy effect. We test both of them separately as well as combined and find that the trophy winner effect looms larger than the IKEA effect for inexpensive items, in our case paper planes. For more expensive products, in our...

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Bibliografische gegevens
Gepubliceerd in:MAGKS - Joint Discussion Paper Series in Economics (Band 37-2020)
Hoofdauteurs: Bühren, Christoph, Pleßner, Marco
Formaat: Artikel
Taal:Engels
Gepubliceerd in: Philipps-Universität Marburg 2020
Onderwerpen:
competition
labor
valuation
effort
Wirtschaft
failure
achievement
Economics
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