Perception Matters: The “unit effect”

Saw this today on "The human brain engages in all sorts of mental shortcuts in order to make quick judgements about the world, and some of them make us vulnerable to marketing. For example, consumers will readily attach weight to completely fictitious product statistics, preferring items with the most bogomips, even if they have no idea of what the significance of that figure is. That may be disappointing, but apparently it's even worse than that—even when they do know what the … [Read more...]