9 votes

What is the name of the bias that associate a thing as good because it has a relation to another good thing?

It's called the Halo Effect: The halo effect is a ... cognitive bias, where a person making an initial assessment of another person, place, or thing will assume ambiguous information based upon ...
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7 votes

Is most of Kahneman's 'Thinking fast and slow' not supported by evidence/non replicable?

This is complicated. There's no easy answer, but the outlook for replicability/reproducibility of a lot of the empirical evidence is not great. The R-index (that the blog authors use to rank the ...
  • 509
5 votes

What's the technical name for this cognitive bias?

Not sure what you describe is a cognitive bias in itself, but I suspect the scarcity heuristic may be part of the purchaser's rationalization. (See the wikipedia article for academic references.)
  • 151
5 votes

What's the technical name for this cognitive bias?

I am not entirely sure about the proper scientific names but I think your issue revolves around buying things because they are cheap; hard to find. The first is a notorious reason to buy stuff; the ...
  • 19.9k
4 votes
Accepted

Why some papers suggest that losses and gains are coded by the same mechanism while other suggest that distinct circuits anticipate gain and loss?

Because we still don't know exactly how the brain works. That's why we do research. If these authors knew the answer ahead of time, neither of them would have done the study. These are research ...
  • 6,387
3 votes

Encouraging Kindness in Rich People?

This is an interesting question as it has been of the opinion of many people around me that people who drive certain cars or are in a particular job or social status are selfish and don't care about ...
  • 11.3k
3 votes

How can I run a placebo medication pills study? Practical advice needed

Ethical procedures are specific to your country and even differ between universities and sometimes even per department. Of course you know everything about the Declaration of Helsinki, being immersed ...
  • 19.9k
3 votes

Do dissatisfaction with a job and relationships share the same mental mechanism?

In general, personality traits correlate with most measures of satisfaction. Most notably, there is a large literature showing that personality correlates with life satisfaction (see Steel et al). In ...
2 votes

Why can't subjective utilities take probabilities into account?

You certainly did not understand it correctly, because the statement that the second case is either rational or not cannot be stated based only on the information you provided. The rationality of the ...
2 votes

How to explain utility function from personality, beliefs and ongoing emotions?

The behaviour of agents can be predicted from utility or value based decision analysis models. Basically, you can model how the agent decides based on multiple objectives (or goals) by means of a ...
2 votes

How to explain utility function from personality, beliefs and ongoing emotions?

How to integrate realistic cognitive models of human behaviour and ecomonic models is an open research question, however to tackle it, it might be helpful to break it into a few more easily answerable ...
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2 votes
Accepted

Why is toilet paper out of stock around the world during the coronavirus outbreak?

In simple terms, demand for toilet paper increased and supply was unable to scale up. The supply chain for toilet paper is unable to rapidly scale up production to the levels required to meet the ...
2 votes

An Overview of Priming in Psychology

This should be rather easy to find on google scholar, especially with the recent replicability crisis in social psychology. In particular, Bargh and Cesario has a few things to say in 'defense' of ...
2 votes

Psychology of brand names

What you are looking for is usually considered within synesthesia, specifically auditory-visual synesthesia. Usually these topics are developed in "commercial or industrial psychology" in a general ...
  • 1,039
1 vote

What is the difference between "nudge theory" and "priming"?

They are not necessarily related concepts, and I think. While nudge (in Thaler's sense) is a mechanism for fostering choice in a planned way, priming refers to a faster processing of new stimuli ...
  • 41
1 vote
Accepted

How much does money (or any desired good) influence a person on average?

Here are two studies may be relevant to your question: Seeing green: Mere exposure to money triggers a business decision frame and unethical outcomes. The authors report that "individuals primed ...
1 vote

List of experiments contradicting the expected utility model

I asked the same question in the private beta of the newly open Economics.SE and got some interesting answers. You can check them out at https://economics.stackexchange.com/questions/95/experiments-...
1 vote
Accepted

Using Cognitive biases for behavior change?

CBM is not so much a theoretical framework but rather a label attached to a collection of methods and biases. In a way, this reflects the state of research on heuristics and biases, at least in ...
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1 vote

How can I structure this question to check for availability bias?

A few options. You could start with an open ended question and then move to closed ended questions for leading brands and perhaps any other options listed in the previously open ended process. You ...
1 vote

How can I structure this question to check for availability bias?

it seems that you can use randomization of options to decrease bias. That is, present every respondent with multiple choices but in completely random order. Also, bias might be directly tested on two ...

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