6 checked facts

Valuation

Everything on this site about valuation — each one naming the study behind it.

You assign value to objects solely through ownership.
A 1991 study found individuals value their own items at approximately twice the price (a 100% increase) they are willi…
You value things more when they are scarce.
Research shows that participants in a 1975 study rated identical items as significantly more valuable simply because t…
You value things more just because you helped build them.
The effort you invest in a project creates an irrational attachment to the final result.…
You value an object more because you own it.
The endowment effect describes a persistent discrepancy between willingness-to-accept (WTA) and willingness-to-pay (WT…
You value your own possessions more than the market does.
In a 1990 experiment, participants demanded more money to sell a mug they were given than they were willing to pay to …
We overvalue things simply because we helped build them.
A 2011 study showed that participants valued self-assembled furniture as highly as items built by experts.…