Latest / Behavioral Economics with Fexingo: Decision Making, Bias, and How People Really Spend
How The Decoy Effect Warps Your Spending Habits
We dissect the decoy effect, a pricing strategy that makes one option look irresistible by design. Using real-world examples from movie theaters and software subscriptions, we show how adding a third, slightly worse choice manipulates your brain into spending more than you planned. This episode explores why you keep buying the middle tier and how to recognize when a deal is just a psychological trap.
#BehavioralEconomics #DecoyEffect #ConsumerPsychology #PricingStrategy #MarketingTactics #DecisionMaking #CognitiveBias #BusinessStrategy #FinanceTips #EconomicsPodcast #FexingoBusiness…
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