4 ms·
I don't know, choosing the middle option seems like a good thing - get the best possible product for the least possible amount of money...
by jakeonthemove 14y ago
I don't know, choosing the middle option seems like a good thing - get the best possible product for the least possible amount of money...
- deleted 14y ago[deleted]
- strangestchild 14y agoThat's a good intuition so long as the people trying to sell you a product aren't themselves aware of it. The problem comes when companies sell slightly different products at a greater price to try to influence you into thinking the cheaper option is great value. Check out this excellent TED talk by Dan Ariely for a couple of examples of this phenomenon in action, as well as a few other, similar, effects: http://www.ted.com/talks/dan_ariely_asks_are_we_in_control_of_our_own_decisions.html http://www.ted.com/talks/dan_ariely_asks_are_we_in_control_o...