The psychology of why we overpay for used cars—study points to left-digit bias

NewsData.net brief · 2h ago · 1 min read · via phys.org

Consumers routinely ignore information when making purchases. They overlook the tax attached to a price, skim past ingredient lists and often fail to process exact numbers with any precision.

Consumers routinely ignore information when making purchases. They overlook the tax attached to a price, skim past ingredient lists and often fail to process exact numbers with any precision. This story matters for Science & Discovery readers tracking science. Reported by phys.org. Read the full original at the source link below.

Originally reported by phys.org. NewsData.net curates and briefs the science & discovery stories that matter. Our editorial policy →
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