Scarcity of an item directly increases its market value.
Is it true that scarcity of an item directly increases its market value?
Yes. Multiple studies demonstrate that perceived scarcity increases consumer valuation and triggers urgency, leading to higher purchasing intent and perceived product value.
Verdict: SUPPORTED · 4 sources for, 0 against · Last checked
The retrieved literature consistently supports the economic and psychological premise that scarcity increases the perceived value of items and drives consumer purchasing behavior (the scarcity effect). Several studies (such as papers 2, 3, 5, and 11) specifically examine how perceived scarcity or scarcity marketing enhances product desirability and influences consumer decisions. There are no papers in the retrieved set that refute or contradict this well-established consumer behavior principle.
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Xia, F., Xu, Y., Zhang, H., & Yuan, X. (2025). The effect of doll blind box uncertainty on consumers’ irrational consumption behavior: the role of instant gratification, Gambler’s fallacy, and perceived scarcity. doi.org. https://doi.org/10.1186/s40359-025-02644-w
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Zamfir, M. (2024). Scarcity Effect and Consumer Decision Biases: How Urgency Influences the Perceived Value of Products. doi.org. https://doi.org/10.56397/jwe.2024.12.04
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Bacay, E. F., Angangan, J. S., Fernes, M. L. T., Francisco, J. J. A., & Ricohermoso, F. M. D. G. (2025). Scarcity Marketing: The Role of Consumer Behavior in the Rise of the “Anik-Anik” Trend of Pop Mart’s Collectible Blind Box Figurines. doi.org. https://doi.org/10.54536/ajebi.v4i2.4949
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T, H., SC, C., & A, K. (2025). Applying the S-O-R model to explore impulsive buying behavior driven by influencers on social commerce websites.. doi.org. https://doi.org/10.7717/peerj-cs.3113
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