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Keywords: ratio
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Journal Articles
Convexity Neglect in Consumer Decision Making
Available to Purchase
Journal:
Journal of Marketing Behavior
Journal of Marketing Behavior (2017) 2 (4): 253–290.
Published: 13 April 2017
...Michael Tsiros; Haipeng (Allan) Chen Purchase decisions occasionally involve ratio calculations (e.g., calories per serving). When faced with decisions that involve information presented in such formats, consumers often ignore the convexity inherent in these calculations and rely on the more...
