The Ikea Effect

Pronunciation: /ðə aɪˈkiːə ɪˌfɛkt/

Definitions of the Ikea effect

noun the Ikea effect

Example Sentences

A1 The Ikea effect is when people value something more because they made it themselves.

A2 The Ikea effect can lead to a stronger attachment to a product due to the effort put into assembling it.

B1 The Ikea effect is a cognitive bias where individuals place a higher value on items they have partially created.

B2 The Ikea effect can influence consumer behavior by making them feel more connected to products they have customized.

C1 The Ikea effect highlights the psychological phenomenon of overvaluing self-made creations compared to store-bought items.

C2 The Ikea effect demonstrates how personal involvement in the creation process can significantly impact perceived value and satisfaction with a product.

Examples of the Ikea effect in a Sentence

formal The Ikea effect refers to the psychological phenomenon where people place a higher value on products they have partially created themselves.

informal Have you heard of the Ikea effect? It's when you become attached to something you've put together from Ikea.

slang Ikea effect is when you get emotionally attached to that piece of furniture you built yourself.

figurative The Ikea effect can also be seen in relationships, where people value more those they have invested time and effort in building a connection with.

Grammatical Forms of the Ikea effect

• past tense: experienced
• plural: the Ikea effects
• comparative: more Ikea effect
• superlative: most Ikea effect
• present tense: experiencing
• future tense: will experience
• perfect tense: have experienced
• continuous tense: is experiencing
• singular: the Ikea effect
• positive degree: Ikea effect
• infinitive: to experience the Ikea effect
• gerund: experiencing the Ikea effect
• participle: experienced Ikea effect

Origin and Evolution of the Ikea effect

First Known Use: 2011 year

Language of Origin: English

Story behind the word: The term 'the Ikea effect' was coined by Michael Norton, a professor at Harvard Business School, in collaboration with colleagues Daniel Mochon and Dan Ariely during a series of experiments on consumer behavior.

Evolution of the word: The Ikea effect originally referred to the tendency of individuals to place a higher value on products they have partially created themselves, such as assembling furniture from Ikea. Over time, the concept has been applied more broadly to encompass the psychological phenomenon of valuing self-made or customized items more than equivalent items made by others.