Consumer choices not rational, influenced by complexity and framing effects
The article explores how people make choices when shopping. It shows that the idea of people always picking the best option for themselves is not true. The study found that the difficulty of the decision and how it is presented can change what people choose. People's preferences can also change depending on how the decision is framed. New models were created to better understand these differences in decision-making. The study used data from surveys of people in the Netherlands to support these findings.