Upending the
"Compromise Effect"
In 1992 one of us (Itamar) worked with the
psychologist Amos Tversky on a study ex-
amining how the set of products consum-
ers see influences their purchase decisions.
One group of participants chose between
two cameras, priced at $169 and $239.
Another group was shown a third camera,
priced at $469. The$239 camera (now a
compromise) was much more popular than
the $169 camera among the second group.
Including a more expensive option made
people willing to spend more—a phenom-
enon dubbed the compromise effect.
In 2012 Itamar and a PhD student, Tail(
Reich, repeated the experiment, with a
twist. They first showed participants other cameras, along with user reviews, on
Amazon—and the compromise effect dis-
appeared. Decisions were far more depen-
dent on the chosen cameras features and
on reviews than on its price and features
relative to the two other available cameras.
This is hard evidence of the changing na-
ture of decision making, which has become
subject to outside information and other
factors beyond a marketer's control.
Upending the
"Compromise Effect"
In 1992 one of us (Itamar) worked with the
psychologist Amos Tversky on a study ex-
amining how the set of products consum-
ers see influences their purchase decisions.
One group of participants chose between
two cameras, priced at $169 and $239.
Another group was shown a third camera,
priced at $469. The$239 camera (now a
compromise) was much more popular than
the $169 camera among the second group.
Including a more expensive option made
people willing to spend more—a phenom-
enon dubbed the compromise effect.
In 2012 Itamar and a PhD student, Tail(
Reich, repeated the experiment, with a
twist. They first showed participants other cameras, along with user reviews, on
Amazon—and the compromise effect dis-
appeared. Decisions were far more depen-
dent on the chosen cameras features and
on reviews than on its price and features
relative to the two other available cameras.
This is hard evidence of the changing na-
ture of decision making, which has become
subject to outside information and other
factors beyond a marketer's control.
การแปล กรุณารอสักครู่..
Upending the
"Compromise Effect"
In 1992 one of us (Itamar) worked with the
psychologist Amos Tversky on a study ex-
amining how the set of products consum-
ers see influences their purchase decisions.
One group of participants chose between
two cameras, priced at $169 and $239.
Another group was shown a third camera,
priced at $469. The$239 camera (now a
compromise) was much more popular than
the $169 camera among the second group.
Including a more expensive option made
people willing to spend more—a phenom-
enon dubbed the compromise effect.
In 2012 Itamar and a PhD student, Tail(
Reich, repeated the experiment, with a
twist. They first showed participants other cameras, along with user reviews, on
Amazon—and the compromise effect dis-
appeared. Decisions were far more depen-
dent on the chosen cameras features and
on reviews than on its price and features
relative to the two other available cameras.
This is hard evidence of the changing na-
ture of decision making, which has become
subject to outside information and other
factors beyond a marketer's control.
การแปล กรุณารอสักครู่..