{"id":18345,"date":"2013-08-24T07:53:11","date_gmt":"2013-08-24T14:53:11","guid":{"rendered":"https:\/\/blogs.adobe.com\/jnack\/?p=9795"},"modified":"2013-08-24T07:53:11","modified_gmt":"2013-08-24T14:53:11","slug":"what-is-it-we-value","status":"publish","type":"post","link":"http:\/\/jnack.com\/blog\/2013\/08\/24\/what-is-it-we-value\/","title":{"rendered":"What is it we value?"},"content":{"rendered":"<p>Oh, humans&#8230;<\/p>\n<ul>\n<li>&#8220;Studies have shown that people prefer inexpensive wines in blind taste tests,&#8221; <a href=\"http:\/\/www.newyorker.com\/talk\/financial\/2013\/08\/26\/130826ta_talk_surowiecki\">writes<\/a> James Surowiecki in the New Yorker, &#8220;but that they actually get more pleasure from drinking wine they are told is expensive. If lobster were priced like chicken, we might enjoy it less.&#8221; [<a href=\"http:\/\/nextdraft.com\">Via<\/a>] See also &#8220;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Veblen_good\">Veblen goods<\/a>.&#8221; Maybe we should just quintuple the price of mobile apps &#038; see what happens (though for most that&#8217;d be five times zero&#8230;)<\/li>\n<li>Hmm, this <a href=\"http:\/\/www.quora.com\/Jobs-1\/Whats-something-that-is-common-knowledge-at-your-work-place-but-will-be-mind-blowing-to-the-rest-of-us\/answers\/2965988\">Quora posting<\/a> is anonymous, but interesting if true: &#8220;The loading screen exists because when the information is returned to the user as quickly as possible, he or she will often perceive it to be less valuable. It&#8217;s as if the server didn&#8217;t put much effort into really finding a great deal. No customer ever actually articulates that; but surveys, customer testing sessions, and most importantly conversion rates support the notion that when a seven or eight second loading screen tells the user that the numbers are being crunched just for this one query, the result is perceived to be more valuable.&#8221; [Via Geoff Badner]<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Oh, humans&#8230; &#8220;Studies have shown that people prefer inexpensive wines in blind taste tests,&#8221; writes James Surowiecki in the New Yorker, &#8220;but that they actually get more pleasure from drinking wine they are told is expensive. If lobster were priced like chicken, we might enjoy it less.&#8221; [Via] See also &#8220;Veblen goods.&#8221; Maybe we should [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/posts\/18345"}],"collection":[{"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/comments?post=18345"}],"version-history":[{"count":0,"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/posts\/18345\/revisions"}],"wp:attachment":[{"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/media?parent=18345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/categories?post=18345"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/jnack.com\/blog\/wp-json\/wp\/v2\/tags?post=18345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}