decoy effect
nounDefinitions
The phenomenon whereby consumers will tend to have a specific change in preference…
The phenomenon whereby consumers will tend to have a specific change in preference between two options when also presented with a third option that is asymmetrically dominated: that is, the third option is inferior in all respects to one option, but, in comparison to the other, it is inferior in some respects and superior in others.
The neighborhood
Vish — recursive loop
No curated loop yet for decoy effect. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA