Menu choices
Decoy Effect
Recognizing the decoy effect can help you select dishes at a restaurant without being swayed by strategically placed, less attractive options.
Similar Situations
Anchoring
Dining out: Recognize when menu prices are designed to anchor your choices and make decisions based on your preferences and budget.
Osborne Effect
Restaurant menu updates: Introducing new menu items without negatively impacting the sales of existing dishes.
Ikigai
Environmental choices: Pursuing your Ikigai can encourage you to make environmentally conscious choices that align with your values and contribute to a better world.
Correlation-Causation Fallacy
Dietary choices: Knowing the correlation-causation fallacy can help you evaluate the effectiveness of certain diets or food choices without jumping to conclusions based on correlational data.
Decoy Effect
Entertainment choices: Knowing the decoy effect can help you make more informed choices when selecting movies, shows, or concerts, by focusing on the factors that are most important to you.
Bandwagon Effect
Dining choices: Recognizing the bandwagon effect can help you make more informed decisions about where and what to eat, considering your own tastes and dietary needs rather than being swayed by popular restaurant choices.
Breadth-First Search
Menu selection: Comparing all dishes within the same category before deciding on a meal.
Confirmation Bias
Educational choices: Recognizing confirmation bias can help you choose the most appropriate courses or degrees by evaluating diverse perspectives and information.
Framing Effect
Educational choices: Being aware of the framing effect can help you make more informed decisions about courses, degrees, or schools.
Loss Aversion
Career choices: Knowing loss aversion can help you avoid being overly cautious when considering job offers or promotions due to the fear of losing current stability.