#attractioneffect — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #attractioneffect, aggregated by home.social.
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Companies like #Apple get accused of price ladders that exploit an #AttractionEffect, with decoys that make bad deals seem worth it: https://www.makeuseof.com/how-apple-uses-the-decoy-effect
In 2 experiments that allowed people to reflect and revise, the effect dissipated or disappeared!
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Fast then Slow: Choice Revisions Drive a Decline in the Attraction Effect https://agaudeul.wordpress.com/2023/08/29/fast-then-slow-choice-revisions-drive-a-decline-in-the-attraction-effect/ #AsymmetricDominance, #AttractionEffect, #ChoiceProcess, #ContextEffect, #Heuristic, #InducedPreferences, #Rationality, #TimeConstraint