Question: Present 10 students with the choice set from the left panel of Consumer Insight 161 and present a different set of 10 students with the
Present 10 students with the choice set from the left panel of Consumer Insight 16–1 and present a different set of 10 students with the choice set from the right panel. Do you observe the decoy effect
(choice share of option A goes up with the addition of the inferior option C)? Have the students who chose the decoy explain their choice—what reasons do they provide?
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