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The cost to IKEA of the incident was estimated to be between $6 and $7 million. [7] In 1999, IKEA replaced the lacquer coating on the white bookcase with melamine foil. [1] In 2009 Bloomberg instigated a "Billy bookcase index", as an alternative to the Big Mac index, to compare relative price levels in different countries around the world. [8] [9]
The variety of Byzantine furniture is pretty big: tables with square, rectangle or round top, sumptuous decorated, made of wood sometimes inlaid, with bronze, ivory or silver ornaments; chairs with high backs and with wool blankets or animal furs, with coloured pillows, and then banks and stools; wardrobes were used only for storing books ...
A bookcase, or bookshelf, is a piece of furniture with horizontal shelves, often in a cabinet, used to store books or other printed materials. Bookcases are used in private homes, public and university libraries, offices, schools, and bookstores. Bookcases range from small, low models the height of a table to high models reaching up to ceiling ...
The IKEA effect is a cognitive bias in which consumers place a disproportionately high value on products they partially created. The name refers to Swedish manufacturer and furniture retailer IKEA , which sells many items of furniture that require assembly .
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