consumer psychology

old fridge

I put this old fridge outside with a sign saying free

It’s a classic situation many of us have experienced at some point—trying to give away something for free only to find that nobody seems interested. That’s exactly what happened when I placed my old fridge outside with a “Free” sign. It sat untouched for days. But the moment I changed

old fridge

I put this old fridge outside with a sign saying free

It’s a classic situation many of us have experienced at some point—trying to give away something for free only to find that nobody seems interested. That’s exactly what happened when I placed my old fridge outside with a “Free” sign. It sat untouched for days. But the moment I changed the sign to “$50,” the fridge disappeared overnight. This strange twist of events reveals an important lesson about human psychology and the concept of perceived value. In this article, we’ll