Tag: Consumer Behavior
-
Nudging
Nudge theory, developed by Thaler and Sunstein, utilizes subtle cues to influence decision-making, applied in fields like public policy and health. It operates on the principle that small environmental or informational adjustments can significantly impact behavior, prioritizing ethical application and individual autonomy.
-
The Great Enshittening
The Great Enshittening delineates a decline in tech companies’ service quality, marked by a shift from user-focused benefits to prioritizing shareholder gains, impacting user trust and market dynamics, and emerging as a notable trend in technology sector analysis.
-
Oversimplification
Oversimplification reduces intricate ideas to basic summaries, potentially obscuring important details and fostering generalizations that might mislead, often affecting both the individual understanding and broader public discourse.
-
Disintermediation
Disintermediation removes intermediaries from transaction processes, enabling direct links between producers and consumers. Initially seen in finance, its relevance has expanded with technological progress, influencing sectors such as retail and media.