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by read 4538 days 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?

1 comments

Decoy 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.