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Adarsh

Hey I am on Medial • 10m

How Choices Shape Decisions: The Power of the Decoy Effect šŸŽÆ

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Arcane

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Mind Games: The Decoy Effect šŸ§ šŸ’” Ever feel like a third option makes one of the original choices suddenly more appealing? There's a reason for that: the Decoy effect! Here's how it works: ⭐ Imagine you're choosing a phone plan: * Option A: 2GB

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ā€œThe Decoy Effect: How Brands Trick You into Choosing Moreā€ The Decoy Effect is a pricing strategy where businesses introduce a third, less attractive option (the ā€œdecoyā€) to subtly push customers toward a more profitable choice. It plays on human p

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Abhishek Dwivedi

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Choices shape lives. Easy decisions now = hard life later. Hard decisions now = easy life later. Discomfort is temporary. Growth is long-term. Choose wisely.

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Thorndike’s experiment with cats showed how the environment shapes behavior. Cats learned to pull a lever to escape, reinforcing that the most obvious and rewarding option drives choice. In choice architecture, this applies as: 1. Environment influ

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ā€œSetting the Stage: How Priming Subconsciously Influences Customer Choicesā€ Priming is a psychological effect where exposure to certain stimuli influences a person’s response to future information—often subconsciously. In business, priming is used t

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ā€œSet and Selected: How the Default Effect Quietly Influences Customer Choicesā€ The Default Effect is a psychological bias where people are more likely to go with pre-selected or automatic choices, simply because it requires less effort. Businesses u

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