Growth Sciences

Pain of Paying

The Pain of Paying principle, first explored by Prelec & Loewenstein in 1998, explains the psychological link between payment and pleasure (or lack thereof) for

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Metaphor Effect

The Metaphor Effect describes the way in which our brains react to metaphors, meaning language formulas that describe something through likening it to something similar,

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Mere-Exposure Effect

First explored by Gustav Fechner in the 19th Century, the Mere-exposure Effect was then further developed between 1960-1990 by renowned psychologist Robert Zajonc, who discovered

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Loss Aversion

Loss aversion was first demonstrated by Amos Tversky and Daniel Kahneman in 1984. This principle refers to the fact that the negative emotions experienced from

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Information Bias

Information bias, studied by Baron, Beattie and Hershey (1988), is the tendency we have to believe that the more information that can be acquired in

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In-Group Bias

In 1906, sociologist William Sumner posited that humans are intrinsically more comfortable existing within social groups and that we are also inclined to believe our

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