In consumer psychology, the "decoy effect" occurs when the introduction of a third, asymmetric option changes a buyer's preference between two original options. Psychologist Dr. Kenji Tanaka hypothesized that this cognitive bias is not universal; specifically, he proposed that individuals who habitually engage in high levels of analytical, detail-oriented cognitive processing evaluate options based on absolute utility, making them less susceptible to the decoy effect than individuals who rely on intuitive, holistic processing. To test this hypothesis, Tanaka grouped participants by their cognitive style (analytical or intuitive) and presented them with consumer choices first with, and then without, decoy options. Which choice, if true, would most directly support Tanaka's hypothesis?
- AAnalytical thinkers reported that they actively tried to calculate the financial value of each option, whereas intuitive thinkers relied on their immediate emotional responses.
- When decoy options were introduced, participants categorized as intuitive thinkers shifted their preferences toward the target option, while the preferences of participants categorized as analytical thinkers remained largely unchanged.Answer
- CRegardless of their cognitive style, participants selected the higher-priced option more frequently when they were given unlimited time to make their decisions.
- DFor both groups of participants, the introduction of the decoy option caused a significant and equal shift in preferences toward the target option.