Mind Games: The Decoy Effect 🧠💡
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
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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3 replies8 likes
Manthan Porwal
Stealth • 8d
After the era of “data is power,” the next big symbol of power is likely to be “intelligence”—the capacity to interpret, shape, and wield information for tangible outcomes. This includes AI mastery, trusted interpretation of reality, collaboration at
Life doesn’t owe you a good day.
It doesn’t owe you a bad one, either.
What it does is present you with reality.
How you respond? That’s where the magic happens.
Your circumstances are neutral. It’s your thoughts, decisions, and actions that shap
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1 replies6 likes
Sanket Bhosale
Stealth • 6m
The power of writing lies in its ability to shape your future.
Every word you write is a step towards a new:
- Opportunity
- Connection
- Understanding
Don’t underestimate the impact of your words.
How does the MF stress test going to effect Small and midcap?
1 replies4 likes
Adithya Pappala
Stealth • 2m
"Did you know? Earth's annual GDP is 900 Lakh Crores ($10.7 trillion) & valuation is 2.8 Lakh Lakh Crores($332 trillion)
You may ask,why does it matter to me? As an early-stage entrepreneur, remember:
"The larger the sector,The higher the Impact, T
What are your thoughts on the future of entrepreneurship? How might trends such as sustainability, artificial intelligence shape the startup ecosystem in the coming years?