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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Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 37-2020) |
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Main Authors: | , |
Format: | Article |
Language: | English |
Published: |
Philipps-Universität Marburg
2020
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Subjects: | |
Online Access: | PDF Full Text |
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MAGKS - Joint Discussion Paper Series in Economics