Human Behavior November 19, 2022

Liking Bias

Liking Bias

We buy from people we like or at least behave similar to us.

We donate when the ads show a picture of a panda instead of a blobfish even though the latter is in danger of extinction too. 

We purchase from a salesman just because he is a huge fan of wrestling as we do, although we have no use of the purchased item. 

A product has nothing to do with the seller, and yet we let its seller influence us.

You may also like...

Second Opinion

We find it hard to seek confronting opinion of a matter we want to believe to...

Reasons Keep Us Sane

Our mind searches for reasons for every decision we make and things that happen to us....

Calculative Personality Hurts

Being pettily calculative is a good economic principle. Won’t pay the extra ten cents even if...

Deceptive Delay of Gratification

You delay gratification to enjoy future reward. Be frugal now (present sacrifice) to gain compounding investment...