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It's pretty impressive the Decoy Effect practically doubled choice selection. Thank you for this. Two questions: (1) would trying this with products that don'
by read 13y ago
It's pretty impressive the Decoy Effect practically doubled choice selection. Thank you for this.
Two questions:
(1) would trying this with products that don't include anything physical alter the effect?
(2) how ethical is it to use the Decoy Effect?
- svasan 13y agoDecoy is unnecessarily pejorative here. This is known as price anchoring. Anchoring is an influence tactic based on human psychological bias. I am not really sure why ethics would come into this discussion. Do ethics come into picture when you are considering/selecting databases or programming languages? edit: rephrased.