Priyankush Deka

22%
Flag icon
Most transactions have an upside and a downside, but when something is FREE! we forget the downside, FREE! gives us such an emotional charge that we perceive what is being offered as immensely more valuable than it really is. Why? I think it's because humans are intrinsically afraid of loss. The real allure of FREE! is tied to this fear. There's no visible possibility of loss when we choose a FREE! item (it's free).
Predictably Irrational: The Hidden Forces That Shape Our Decisions
Rate this book
Clear rating
Open Preview