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

254. Partitioning: Why Size Matters (Refreshed Episode)

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

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The Gambling Study

The study found that once an envelope was opened, all the coupons inside were likely going to be bet. The number of envelopes significantly impacted the total amount gambled. Those with a high aversion to gambling were significantly impacted by the partitions.

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