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most preferred one (the product comparison decision) and whether to terminate the search at that stage (the stopping … decision). The first of these influences is that consumers respond excessively to the attractiveness of the currently inspected …
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Purchase decisions occasionally involve ratio calculations (e.g., calories per serving). When faced with decisions that involve information presented in such formats, consumers often ignore the convexity inherent in these calculations and rely on the more intuitive arithmetic mean rather than...
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