
Rory Sutherland on Alchemy
EconTalk
00:00
Enhancing Experiences Over Efficiency
This chapter explores the contrast between improving consumer experiences and simply focusing on efficiency, particularly in transportation. It highlights how strategic investments in comfort can lead to greater satisfaction, while also addressing the inefficiencies of rigid ticketing systems. The discussion further examines the influence of marketing and choice architecture on consumer decisions, while advocating for innovative problem-solving approaches.
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