Tag

consumer-behavior

Explore 3 cognitive biases related to this topic.

Mere Exposure Effect

9 min read

The mere exposure effect is the tendency to develop a preference for things simply because we are familiar with them.

Cognitive Biases / Familiarity and preference

/ Familiarity Principle

Distinction Bias

9 min read

Distinction bias is the tendency to overemphasize small differences between options when comparing them side by side, even though those differences matter little in isolation.

Cognitive Biases / Comparative evaluation

/ Joint Evaluation Bias

Post-Purchase Rationalization

9 min read

Post-purchase rationalization is the tendency to justify a purchase after the fact by focusing on its positives and downplaying its drawbacks.

Cognitive Biases / Consumer decisions

/ Buyer’s rationalization