Decoy Effect trapped you here!
(Credit: https://www.freepik.com/ ) There are 2 categories of people who go for a movie. First are the people who like movies and the second (I am pointing a finger at me) who loves popcorn. Seriously, “Harshada is watching a movie.” is an incomplete sentence. “Harshada is watching a movie with popcorn.” this one is a complete sentence. So as always I pushed one of my friends at the half time of the movie to buy popcorn for me. This time more than a popcorn I was interested in his behavior because I want to see how he got trapped in a Decoy effect. I know you are feeling confused while reading this. Movie, popcorn, getting trapped, decoy? What is the meaning of these things? The decoy effect is 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. I know you ignored my above statement. Because it’s complicated. But tha