Should you buy an ingredient because it is hard to find?
Scarcity attracts attention more easily than it creates value.
People often assume rare things are valuable because they are difficult to obtain.
The hidden mechanism is scarcity bias. Humans tend to assign extra importance to things that are uncommon, even when practical benefits are unclear.
Imagine buying an ingredient simply because few people have tried it. The experience may be memorable, but memorability and usefulness are not the same.
A second-order effect develops because rare products attract stories. Stories increase curiosity, and curiosity increases demand.
People often think rarity creates value. Sometimes rarity only creates attention.
