BIAS OF THE DAY — IKEA effect: We overvalue things we assembled ourselves. Especially the wobbly ones.
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First Number Isn't The Price
No. 04 · Decision bias

First Number Isn't The Price

$1,299 MXN$499 MXNIVA included
saw the first number, didn't you?
Anchoring biasn. · cognitive bias

Leaning too heavily on the first piece of information you hear when making a decision.

Worn by — Hagglers, tianguis veterans, and anyone who bought a "discounted" TV.

Color — Bone · as photographed
1
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The first number you hear becomes the reference point for everything after it: a salary, a rent, a price tag. Case in point: the crossed-out number at the top of this page. It was never the price.

Often found in the same head.

Related biases
$499 MXN