James Surowiecki on the Psychology of Product Pricing
James Surowiecki on the Psychology of Product Pricing: “
James Surowiecki, a few weeks ago in The New Yorker:
In an experiment in the early nineteen-nineties, people were first asked whether they preferred a $110 microwave oven made by Emerson or a $180 oven made by Panasonic. Only forty-three per cent chose the Panasonic. But when a higher-priced Panasonic model, costing $200, was introduced into the mix, people’s choices changed in a curious way:
Search findings from the U.S. presidential inauguration
Interesting analysis…
Search findings from the U.S. presidential inauguration: “Search findings from the U.S. presidential inauguration”
(Via The Official Google Blog.)