The Behavioral Economics Of AI Agents - Why Consistency Doesn't Equal Trust - Dataconomy
The AI industry has a trust problem that mirrors a paradox Daniel Kahneman identified decades ago in human decision-making: people
prospect-theory
The Power of Regret
A simple game shows how fear of regret shapes decisions.
How to avoid cognitive biases when you get paid to think - Inverted Passion
One of the major findings in last 50 years has been what people had suspected all along: human thinking and judgment often isn’t rational. By this, I mean given a situation where someone has to make a decision, she will often take a decision that “leaps” to her immediately…
Prospect Theory: What It Is and How It Works, With Examples
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Prospect theory argues that if given the option, people prefer more certain gains rather than the prospect of larger gains with more risk.
Risk Discounts and Usage-Based Pricing - OpenView
You’re probably not aware of it, but the price of your product includes a risk discount.
The Behavioral Economics of Price-Setting
Prospect theory proposes that when making decisions people use a reference point to frame prospective alternative outcomes as either potential gains or losses; when considering prospective gains, they are risk-averse and prefer certainty, but when considering prospective losses…
Making the Fogg Behavior Model actionable
Whether you are helping your users establish habits, engage in something new or unknown, onboard, or just want to motivate your users into giving your product a try, the Fogg Behavior Model can guide you.
Reciprocity Decay
Our desire to give back wanes rapidly with time - Why if you want people to return a favor, you need to act fast
How To Get Precisely What You Want
“Imagination is absolutely critical to the quality of our lives.