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

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

How ChatGPT can also be used...

“The Decoy Effect: How Brands Trick You into Choosing More” The Decoy Effect is a pricing strategy where businesses introduce a third, less attractive option (the “decoy”) to subtly push customers toward a more profitable choice. It plays on human p

I think people still don't use AI for their businesses in India, The way it should be used.

Delivering gold/silver coins in 10 Minutes ‼️ Now this going serious, this doesn't seems good to me for obvious reasons. Yk how people will misuse this. Ex: people used to order original Nike shoes and used to give the fake one in return also yk t

This guy just explained how a physics lesson can be used in achieving success + the intro is so dope, Incredible!

The economics of Netflix aren’t what they used to be—they’re way better📈