The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

280. Memory Biases: Don’t Forget To Listen! (Refreshed Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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The Tip of the Tongue Phenomenon

We're victim to the peak end rule where experiences are not about the sum of that entire experience over time. A few well planned surprise and delight moments throughout a relationship can create good peaks. This is also why we're victim to rosy retrospection or graduation goggles, where we remember the past as being better than it really was.

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