The IKEA Effect: Value Your Own WorkWhy you love that wobbly bookshelf you built.

From the show

Clear Thinking Strategies

Understand why you place a higher value on things you've created yourself. This cognitive bias, known as the IKEA effect, stems from 'effort justification' – the more work you put in, the more you appreciate the outcome. This can lead you to believe your amateur creations are as good as expert-made ones. Learning about this bias helps you get a second opinion on things you've poured your heart into, ensuring you're not just overvaluing your own sweat. The effect only works with successful completion, though; failure erases the bias.