HUNGRY. cover image

Rory Sutherland: Billion Dollar Marketing Secrets Revealed

HUNGRY.

CHAPTER

Understanding Decision-Making: Systems and Consumer Behavior

This chapter explores Daniel Kahneman's concepts of System One and System Two thinking, detailing how they influence everyday decisions. It examines consumer behavior, particularly the psychological impacts of sunk costs and commitment in purchases. Additionally, the chapter discusses innovative marketing strategies and the adoption of new technologies, illustrating the role of social proof and psychological triggers in influencing consumer choices.

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