Anchoring: Why we spend too much on BBQs
from Bad Decisions Hosted by Dan & Mel
When we’re trying to determine the value of something, we tend to place far too much reliance on the first piece of information we stumble across. In this episode, Mel and Dan look at ways that pricing strategies influence our judgement, and how game shows make us feel like losers when we’re actually winning.
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How long is this episode of Bad Decisions?
This episode is 18 minutes long.
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This episode was published on November 28, 2017.
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