Clip

The Psychology of Status: How Our Preferences are Driven by Extrinsic Clues.
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48:32 - 52:23 (03:51)

The desire for status can drive us to consume luxury goods, with even the size of the brand logo being an indicator of status. However, intrinsic values like quality and design may be overlooked in favor of extrinsic clues that signal our status to others.

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