Behavioral Economics Thingy

Inspired by Dan Ariely's book - "Unpredictably Irrational", I'm collecting everyday's stuffs that relate to the theory.
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Keep listening for FREE!

Keep listening for FREE!

Irresistible FREE stuff.

Irresistible FREE stuff.

Behavioral Economics

Behavioral Economics

Irresistable offer that makes us buy things we don't need.

Irresistable offer that makes us buy things we don't need.

Buy more, save more. Really?

“Buy More, Save More.” That looks like an irresistible offer. I saw the offer at Adidas store, and couldn’t resist the urge to go inside and see if I need (or more precisely: want…

FREE to attract people to go inside the store (Borders Book Store).

FREE to attract people to go inside the store (Borders Book Store).

People just went crazy for FREE stuffs, even if they needed to spend $200 or &300, which they didn't plan to spend before they came here.

People just went crazy for FREE stuffs, even if they needed to spend $200 or &300, which they didn't plan to spend before they came here.

Will you wake up earlier to travel for FREE?

Will you wake up earlier to travel for FREE?

Which one do you think is more attractive to you: 2 for $10, or Buy 1 FREE 1? I'd go with the second one. FREE is just irresistible.

Which one do you think is more attractive to you: 2 for $10, or Buy 1 FREE 1? I'd go with the second one. FREE is just irresistible.

Things that we don't need but as humans, we are intrinsically afraid of loss. So we don't wanna lose this offer.

Things that we don't need but as humans, we are intrinsically afraid of loss. So we don't wanna lose this offer.

Is this really the best deal? Most of us won't think twice when we see 'Best Deal'. We assume it's always the best deal.  For this case, I went to the nearest Supermarket, and it was a best deal. We would save $1-$1.5.

Is this really the best deal? Most of us won't think twice when we see 'Best Deal'. We assume it's always the best deal. For this case, I went to the nearest Supermarket, and it was a best deal. We would save $1-$1.5.

Wow, they'll give me $50 for my old jeans. I can't miss this offer! But then, I'm gonna need to add another $50-$80 to get a new one.

Wow, they'll give me $50 for my old jeans. I can't miss this offer! But then, I'm gonna need to add another $50-$80 to get a new one.

It "forces" us to buy things that we don't need, just to get the FREE item.

It "forces" us to buy things that we don't need, just to get the FREE item.

This kind of thing makes people wanna shop like there's no tomorrow.

This kind of thing makes people wanna shop like there's no tomorrow.

It's hard not to look at discounted items.

It's hard not to look at discounted items.

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