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		<title>Google Glass: The Next Segway or Next Revolution?</title>
		<link>http://advanced-hindsight.com/2013/05/22/google-glass-the-next-segway-or-next-revolution/</link>
		<comments>http://advanced-hindsight.com/2013/05/22/google-glass-the-next-segway-or-next-revolution/#comments</comments>
		<pubDate>Wed, 22 May 2013 16:22:44 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Behavioral Economics]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[Glass]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Glass]]></category>
		<category><![CDATA[Segway]]></category>

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		<description><![CDATA[Do you remember Segway, that odd, upright, (and sometimes dangerous) electric scooter?  Pundits once predicted the Segway would revolutionize personal transportation and reduce American oil dependency. As it turns out, these days, it is used either by corny tour groups in large cities or it’s been relegated to the object of sight gags and physical &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2013/05/22/google-glass-the-next-segway-or-next-revolution/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1363&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://advancedhindsight.files.wordpress.com/2013/05/glass-2.jpg"><img class="aligncenter size-large wp-image-1366" alt="glass 2" src="http://advancedhindsight.files.wordpress.com/2013/05/glass-2.jpg?w=551&#038;h=309" width="551" height="309" /></a></p>
<p>Do you remember <a href="http://www.youtube.com/watch?v=pmLLGYn9Fo8">Segway</a>, that odd, upright, (and sometimes dangerous) electric scooter?  Pundits once predicted the Segway would revolutionize personal transportation and reduce American oil dependency. As it turns out, these days, it is used either by corny tour groups in large cities or it’s been relegated to the object of sight gags and physical comedy, from “Arrested Development” to “Paul Blart: Mall Cop.”</p>
<p>After examining Google’s latest product, Google <a href="http://www.google.com/glass/">Glass</a>, it is hard not to question whether it is ready for the market. With a design reminiscent of the “Terminator” films and a preliminary price tag of $1,500, Glass risks being the biggest flop since Segway if Google doesn’t learn from Segway’s mistakes.</p>
<p>The Segway failed, not because of poor engineering, but because of poor attention to consumer psychology. Similarly, Google Glass might be functional from an engineering point of view, but does it have the form necessary to generating mass-market appeal? To this point, it looks like the tech giant is trying to avoid these “Segway barriers,” but as consumer psychologists, we have few suggestions for Google.</p>
<p><b><span style="text-decoration:underline;">Psychological principles that suggest why Google may succeed</span></b></p>
<p><b>1. Form and function combined <a href="http://uxmag.com/articles/functional-beauty-and-user-experience">create positive feelings for consumers</a>.</b></p>
<p>Segway had functionality, but its form lacked elegance. As a result, Segway was unable to shed its awkward image. In its current form, Glass is more like the nerdy Segway than the sleek iPhone. Google seems to be making efforts to streamline, or “de-geek,” its new product by hiring <a href="http://news.cnet.com/8301-1023_3-57570498-93/google-wants-to-stylize-google-glasses-says-report/">experts to redesign it</a>.</p>
<p>Until Google is ready to launch a redesigned Glass, the company’s ad campaigns center on attractive models. This <a href="http://www.jstor.org/discover/10.2307/3151194?uid=3739776&amp;uid=2&amp;uid=4&amp;uid=3739256&amp;sid=21102015504117">technique</a> invites consumers to associate Glass with the positive feelings evoked when we look at attractive people.</p>
<p><b>2. The more effort we put into acquiring a product, the more we tend to value and enjoy that product.</b></p>
<p>To determine who would test the first version of Glass, Google held the “Glass Explorer” competition, in which <a href="http://www.google.com/glass/start/how-to-get-one/.">applicants</a> submitted Twitter entries with <a href="http://twitter.com/search?q=%23ifihadglass&amp;src=hash">the hashtag, “#ifihadglass”</a>. Winners were given the “privilege” to buy Glass for $1,500. By participating in the contest, consumers became mentally and emotionally invested in Glass. This led to “effort justification,” meaning that those who expend more effort to get the product and then pay for it come to <a href="http://www.sciencedirect.com/science/article/pii/0022103166900849">value it more</a>.</p>
<p>As a bonus for Google, all this effort demonstrates to interested observers that Glass is valuable.  This type of user exclusivity plays on scarcity, a psychological hot button that ultimately makes <a href="http://arno.uvt.nl/show.cgi?fid=6865">Glass more desirable</a>.</p>
<p><b><span style="text-decoration:underline;">How Google can improve its marketing strategy for Glass</span></b></p>
<p>Even with the efforts Google has already undertaken to ensure that Glass won’t flop, we offer a few further suggestions to help guarantee a successful launch.</p>
<p><b>1. Create advertising campaigns that appeal broadly to normal people.</b></p>
<p>So far, marketing for Glass seems to center on young hipster techies in urban environments, but if Glass is going to succeed, Google needs to make ads that depict average people doing normal things. Granted, Google may be working to develop Glass’s “cool factor” before proving its functionality, but they will need to focus on the average consumer if Glass is going to sell big.</p>
<p><b>2. Get people to try on Glass.</b></p>
<p>If people <a href="http://www.indiana.edu/~abcwest/pmwiki/CAFE/visual%20depiction%20effect.pdf">see themselves using a product</a>, they are more likely to buy it. There are also lingering questions about Glass that Google must address. How should consumers use the product? Is Glass something we wear all the time? What if we already wear glasses? Glass doesn’t make immediate sense in most of our lives: do we really need another gadget, given the proliferation of tablet computers and smartphones? To help consumers understand its functions and purposes, Google should have people try on Glass. Past research shows that consumers are more likely to buy products when they have the <a href="http://faculty.bschool.washington.edu/aschloss/articles/schlosser%20sept%202003%20jcr.pdf">opportunity to test them</a>. Testing a product may not improve its “cool factor,” but it certainly helps us imagine using the product in real life.</p>
<p><b>CONCLUSION:</b></p>
<p>Google may be playing a long-term game with Glass, focusing on engineering first, followed by coolness, before setting their sights on breaking into other markets – something Apple did before it exploded. Even if this is their strategy, Google should make sure to foreground the psychology of design. Otherwise Glass will go the way of the Segway, at medium speed into closet of cobwebs or, worse yet, end up used primarily by groups of ironic hipsters going on “urban tours.”</p>
<p><strong>~Rachel Anderson and Troy Campbell~</strong></p>
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		<title>Categorical Thinking: Why Close Things Seem So Far Away</title>
		<link>http://advanced-hindsight.com/2013/04/15/categorical-thinking-why-close-things-seem-so-far-away/</link>
		<comments>http://advanced-hindsight.com/2013/04/15/categorical-thinking-why-close-things-seem-so-far-away/#comments</comments>
		<pubDate>Mon, 15 Apr 2013 14:34:52 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[North Carolina]]></category>
		<category><![CDATA[North Carolina Museum of Natural Sciences]]></category>
		<category><![CDATA[Troy Campbell]]></category>

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		<description><![CDATA[This week Troy visits the North Carolina Museum of Natural Sciences and examines how thinking in categories can lead people to have less fun and make potentially dangerous mistakes. To read more on this topic of research see the original “Border Bias” paper and  categorical research by Norbet Schwarz and colleagues. (See the original post on &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2013/04/15/categorical-thinking-why-close-things-seem-so-far-away/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1345&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<div>This week Troy visits the North Carolina Museum of Natural Sciences and examines how thinking in categories can lead people to have less fun and make potentially dangerous mistakes.</div>
<div></div>
<div><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='551' height='340' src='http://www.youtube.com/embed/jgOr5x3Ybcc?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></div>
<div></div>
<div>To read more on this topic of research see the original “<a href="http://home.utah.edu/~u0571376/publications_files/Border_Bias_Psych%20Science%202010.pdf">Border Bias</a>” paper and  categorical research by <a href="http://profron.net/happiness/files/readings/Schwarz-n-Stack_ReportsOfSubjectiveWellBeing.pdf">Norbet Schwarz and colleagues</a>.</div>
<div></div>
<div>(See the original post on the <a href="http://peoplescienceblog.wordpress.com/2013/04/12/categorical-thinking-why-close-things-seem-so-far-away/" target="_blank">People Science Blog)</a></div>
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		<title>Why we need underdogs in March Madness</title>
		<link>http://advanced-hindsight.com/2013/03/21/why-we-need-underdogs-in-march-madness/</link>
		<comments>http://advanced-hindsight.com/2013/03/21/why-we-need-underdogs-in-march-madness/#comments</comments>
		<pubDate>Thu, 21 Mar 2013 16:33:27 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[March Madness]]></category>
		<category><![CDATA[Troy Campbell]]></category>
		<category><![CDATA[underdog]]></category>

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		<description><![CDATA[Every year, March Madness gives us an underdog story and millions flock to a momentary allegiance with a college they could not locate on a map. In the past it has been George Mason, Virginia Commonwealth University and Butler, and this year we eagerly await a new momentary hero. So why do we love underdogs? &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2013/03/21/why-we-need-underdogs-in-march-madness/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1329&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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<p>Every year, March Madness gives us an underdog story and millions flock to a momentary allegiance with a college they could not locate on a map. In the past it has been George Mason, Virginia Commonwealth University and Butler, and this year we eagerly await a new momentary hero.</p>
<p>So why do we love underdogs?</p>
<p>Well, no matter whether you are Republican or Democratic, work for Microsoft or Apple, or are a janitor or CEO, you most likely see yourself as somewhat of an underdog.</p>
<p>In America, especially compared to other countries, the underdog narrative is an honorable and respectable narrative. From the American patriots in 1776 to the George Mason Patriots in 2006, the Cinderella story, as it is specifically called in the NCAA tournament, has always been an attractive one.</p>
<p>So with underdogs you have 1) a narrative people like and 2) a narrative people see themselves in. Is it any wonder people want to cheer for underdogs? It&#8217;s like cheering for yourself.</p>
<p>These serve to energize us with the hope that people like ourselves can do anything. People like to believe that those above us aren&#8217;t that great after all, and that people like us are just as good, if not better than the people in power.</p>
<p>In fact, the narrative is so strong that Neeru Paharia, of the Harvard Business School, and colleagues named a psychological effect after it, simply &#8220;the underdog effect.&#8221; They found that companies gain goodwill from consumers when companies present themselves as a group that has overcame disadvantages through sheer determination. This effect was stronger for people who personally related with the narrative and stronger in cultures (e.g., America) where the narrative was more prevalent.</p>
<p>This narrative dominates American culture not only in sports but in all other popular media. From Luke Skywalker to Cinderella, Americans crave stories about underdogs. Even the more privileged characters in storylines, such as the elite James Bond or billionaire Tony Stark, end up in situations where they must overcome disadvantages through sheer determination.</p>
<p>Even politicians are forced to conform to the narrative, regardless of reality. This is a challenge that proved difficult for Mitt Romney and may have greatly have hurt his campaign.</p>
<p>The underdog narrative doesn&#8217;t only sell fiction, politics and sports, it also sells nonfiction books in my field of social science. The nearly unparalleled success of Malcolm Gladwell&#8217;s &#8220;Outliers&#8221; owes a lot of that success to the intuitive appeal of his &#8220;10,000 hours doctrine.&#8221; Gladwell concludes that if someone spends 10,000 hours at something they can become an expert, implying to readers (who don&#8217;t carefully read Gladwell&#8217;s other more nuanced chapters) that they can make it just by trying hard.</p>
<p>Hip Hop artist Macklemore of the &#8220;Thrift Shop&#8221; fame even opens his chart-topping first album with a song called &#8220;Ten Thousand Hours.&#8221; He directly references Gladwell&#8217;s name in the song, chants &#8220;Ten thousand hours, felt like thousands hands, they carry me,&#8221; and then raps &#8220;Take that system!&#8221;</p>
<p>Oddly enough, many political pundits on both sides of the spectrum have argued (mostly for political reasons) that such a dream is fading in America. But psychological research shows that when beliefs we value are threatened, we try to find ways to defend such beliefs and keep the belief alive. Believing that an underdog will win in Atlanta this year might be a good way to keep alive that wonderful American underdog dream.</p>
<p>This article was originally published in the Providence Journal and can be read <a href="http://blogs.providencejournal.com/ri-talks/this-new-england/2013/03/troy-campbell-why-we-need-underdogs-in-march-madness.html" target="_blank">here</a>.</p>
<p><strong>~Troy Campbell~</strong></p>
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		<title>Be Happy! The Super Bowl Blackout was a Collectable Experience</title>
		<link>http://advanced-hindsight.com/2013/02/04/be-happy-the-super-bowl-blackout-was-a-collectable-experience/</link>
		<comments>http://advanced-hindsight.com/2013/02/04/be-happy-the-super-bowl-blackout-was-a-collectable-experience/#comments</comments>
		<pubDate>Mon, 04 Feb 2013 15:21:24 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[blackout]]></category>
		<category><![CDATA[collectible experience]]></category>
		<category><![CDATA[superbowl]]></category>

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		<description><![CDATA[Collectable experiences are defined as unique, unusual, novel, or extreme experiences. Instead of viewing the Super Bowl blackout of 2013 as a frustrating experience, view it as a “collectable experience” and you will enjoy it more. That’s what researchers did one New Years Eve in Times Square with a similarly frustrating event. Spectators were increasingly &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2013/02/04/be-happy-the-super-bowl-blackout-was-a-collectable-experience/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1310&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://advancedhindsight.files.wordpress.com/2013/02/screen-shot-2013-02-03-at-10-46-50-pm.png"><img class="aligncenter size-full wp-image-1314" alt="superbowl blackout 2013" src="http://advancedhindsight.files.wordpress.com/2013/02/screen-shot-2013-02-03-at-10-46-50-pm.png?w=551"   /></a>Collectable experiences are defined as unique, unusual, novel, or extreme experiences. Instead of viewing the Super Bowl blackout of 2013 as a frustrating experience, view it as a “collectable experience” and you will enjoy it more.</p>
<p>That’s what <a href="http://www.jstor.org/stable/10.1086/657163" target="_blank">researchers did</a> one New Years Eve in Times Square with a similarly frustrating event. Spectators were increasingly nervous about the oncoming snow. However, when the researchers reframed the night as “the first New Years Eve snow in recent history,” spectators enjoyed the event much more as they became part of a unique story—a collectable experience.</p>
<p>We all want to be part of stories and to collect experiences to tell stories about. Some of us want this more than others (known as people high <a href="http://www.acrwebsite.org/search/view-conference-proceedings.aspx?Id=13286" target="_blank">in productivity orientation</a>), but all of us are looking to some degree to build our experiential resumes full of unique and fascinating experiences (e.g. staying in Ice-Hotels, going to New Orleans during Mardi Gras, eating at a weird restaurant).</p>
<p>Last night, millions of Americans collected an experience. An experience that other generations did not have and will not have. This blackout was a good thing, especially if we can get ourselves to think of it as a good thing. For happiness is often found simply in how one looks at things.</p>
<p><strong> ~Troy Campbell~</strong></p>
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		<title>Investment Jaws</title>
		<link>http://advanced-hindsight.com/2013/01/18/investment-jaws/</link>
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		<pubDate>Fri, 18 Jan 2013 16:48:59 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Behavioral Economics]]></category>
		<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Heather Mann]]></category>
		<category><![CDATA[negotiation]]></category>
		<category><![CDATA[shark tank]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1301</guid>
		<description><![CDATA[I have recently gotten hooked on ABC’s Shark Tank (based on the original Dragon’s Den), a reality show in which rookie entrepreneurs seek investments from wealthy self-made investors. These investors are the titular “Sharks,” who receive investment proposals ranging from a folding guitar company to a business in cat toilet-training kits. Once a sales pitch &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2013/01/18/investment-jaws/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1301&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>I have recently gotten hooked on ABC’s <a href="http://abc.go.com/shows/shark-tank/about-the-show" target="_blank">Shark Tank</a> (based on the original Dragon’s Den), a reality show in which rookie entrepreneurs seek investments from wealthy self-made investors. These investors are the titular “Sharks,” who receive investment proposals ranging from a folding guitar company to a business in cat toilet-training kits. Once a sales pitch is made, Sharks can offer to invest, and will sometimes compete with one another for the opportunity. At times, the entrepreneurs leave with nothing, and occasionally they are laughed off the stage.</p>
<p>One lure of Shark Tank is the way it puts the psychology of negotiation on display. When entrepreneurs enter the “shark tank,” they put forward an offer, asking a specific amount of money in exchange for a percentage of equity in their company. (Dividing the dollar amount by the percentage stake provides an estimated valuation of the company.) This offer serves as a powerful anchor for both parties, which can exert a dramatic influence on the subsequent negotiations.</p>
<p>In spite of their own appetites for money, when an entrepreneur presents an inflated valuation of their company, Sharks often pass up the investment opportunity. For instance, if an entrepreneur asks for $100,000 in exchange for a 10% stake in her company, but the Sharks estimate the company’s worth at far less than a million dollars, they may back out brashly rather than make a lower offer. Although an inflated valuation may indicate poor business sense on a contestant’s part, it often seems that the Sharks’ decisions to pull out in scenarios like this are based on emotion rather than business savvy.</p>
<p>On the other hand, sometimes a Shark’s initial offer appears to bias an entrepreneur against considering other options. An offer that demands double the equity for the same cash investment may appear unfavorable when, in fact, the initial valuation was off. When a Shark offers to buy a business outright and pay the founder royalties, entrepreneurs tend to reject the proposition, even if it makes financial sense. The entrepreneurs clearly have more invested in their ideas and products than dollars and cents.</p>
<p>The show exposes some interesting contradictions. The Sharks are personable, yet they attack at the first scent of weakness. Kevin O’Leary, the bombastic Shark known as “Mr. Wonderful,” claims that “it’s all about MONEY,” but at times even his emotions seem to cloud his judgment. In other situations, a compelling performance by a contestant is enough to sway the Sharks’ minds, even when the sales figures don’t.</p>
<p>Then again, perhaps letting emotions factor into negotiations is not such a bad idea. It would probably be unwise to go into business with someone with an established negative rapport. A waffling sales pitch may indeed predict wishy-washy behavior in future negotiations, which might seriously hinder business prospects. And perhaps an entrepreneur’s “gut” is actually guiding him in the right direction when he rejects a Shark’s offer. It is, of course, impossible to know for sure, but it is this fascinating blend of calculation and emotion that keeps me swimming after this show’s bait!</p>
<p><strong>~Heather Mann~</strong></p>
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		<title>Considering Consideration Sets</title>
		<link>http://advanced-hindsight.com/2012/12/15/considering-consideration-sets/</link>
		<comments>http://advanced-hindsight.com/2012/12/15/considering-consideration-sets/#comments</comments>
		<pubDate>Sat, 15 Dec 2012 22:25:17 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1289</guid>
		<description><![CDATA[When faced with a decision (e.g., like what to do on a week night), our final decisions are based less on what options are available, and more on what options we consider. The options that come to mind most easily are the options that form our consideration set, and then we choose from that set. &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2012/12/15/considering-consideration-sets/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1289&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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<p>When faced with a decision (e.g., like what to do on a week night), our final decisions are based less on what options are available, and more on what options we consider.</p>
<p>The options that come to mind most easily are the options that form our consideration set, and then we choose from that set. The problem is that often our consideration sets are limited—we are tired, we are in a “week night” state of mind, or we have only seen advertisements for certain things lately.</p>
<p>To increase your happiness, keep a running “to do sometime” list of things you want to do. That way when your consideration set fails to include a highly desirable option, you can simply turn to your this list for an idea.</p>
<p>For the original research on this topic, see: <a href="http://www.haas.berkeley.edu/Courses/Spring2000/BA269D/Negungadi90.pdf">http://www.haas.berkeley.edu/Courses/Spring2000/BA269D/Negungadi90.pdf</a></p>
<p><strong>~Troy Campbell~</strong></p>
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		<title>Are Wii U Prices Manipulating Shoppers&#8217; Psychology?</title>
		<link>http://advanced-hindsight.com/2012/12/03/are-wii-u-prices-manipulating-shoppers-psychology/</link>
		<comments>http://advanced-hindsight.com/2012/12/03/are-wii-u-prices-manipulating-shoppers-psychology/#comments</comments>
		<pubDate>Mon, 03 Dec 2012 17:50:43 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Behavioral Economics]]></category>
		<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[Console Platforms]]></category>
		<category><![CDATA[decoy effect]]></category>
		<category><![CDATA[Nintendo]]></category>
		<category><![CDATA[Nintendo Wii]]></category>
		<category><![CDATA[Troy Campbell]]></category>
		<category><![CDATA[Video game console]]></category>
		<category><![CDATA[Video Games]]></category>
		<category><![CDATA[Wii U]]></category>
		<category><![CDATA[Wii U Deluxe]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1245</guid>
		<description><![CDATA[The pricing structure of Nintendo&#8217;s Wii U could manipulate shopper psychology via the decoy effect (see here and here for more on the effect). The Wii U is mainly available in two forms: a $350 Deluxe version and a $300 Basic, and without a doubt the $350 deluxe is a much better deal for most shoppers.. &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2012/12/03/are-wii-u-prices-manipulating-shoppers-psychology/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1245&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='551' height='340' src='http://www.youtube.com/embed/0YFstA3fqh0?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span>
<div>The pricing structure of Nintendo&#8217;s Wii U could manipulate shopper psychology via the decoy effect (see <a href="http://en.wikipedia.org/wiki/Decoy_effect" target="_blank">here</a> and <a href="http://en.wikipedia.org/wiki/Decoy_effect, http://danariely.com/2008/04/10/clinton-obama-and-the-decoy-effect/" target="_blank">here</a> for more on the effect).</div>
<div>
<p>The Wii U is mainly available in two forms: a $350 Deluxe version and a $300 Basic, and without a doubt the $<a href="http://www.youtube.com/watch?v=J_ptfE-Uy3o" target="_blank">350 deluxe is a much better deal</a> for most shoppers..</p>
<p>The decoy effect is a psychological bias in which the valuation of an option in a choice set increases with the introduction of an option that is directly inferior to a specific option in the choice set.</p>
<p>In the case where the choice set is a video game console, and the Basic version is a directly inferior option to the Wii U Deluxe, the Deluxe option shines in comparison. This may lead consumers to overvalue the Wii U Deluxe, both in general and as compared to other console options (e.g. an X-Box Bundle).</p>
<p>Might Nintendo be purposefully using the decoy effect to boost holiday sales? Maybe. However, regardless of the intention, the Wii U pricing structure may lead shoppers to buy the Wii U Deluxe this holiday season &#8211; a decision they may not have made if the Wii U Basic did not exist.</p>
<p><strong>~Troy Campbell~</strong></p>
</div>
<div></div>
<div></div>
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		<title>The Psychology of Black Friday</title>
		<link>http://advanced-hindsight.com/2012/11/25/the-psychology-of-black-friday/</link>
		<comments>http://advanced-hindsight.com/2012/11/25/the-psychology-of-black-friday/#comments</comments>
		<pubDate>Sun, 25 Nov 2012 17:49:20 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[black friday]]></category>
		<category><![CDATA[mega mall]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[Troy Campbell]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1228</guid>
		<description><![CDATA[Why do shoppers get so crazy and sometimes so irrational on Black Friday? Troy Campbell visits the local mega-mall on Black Friday to find out.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1228&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Why do shoppers get so crazy and sometimes so irrational on Black Friday? Troy Campbell visits the local mega-mall on Black Friday to find out.</p>
<p><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='551' height='340' src='http://www.youtube.com/embed/sQZO-qSIejM?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></p>
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		<title>Why Can’t We Be Friends? The Joy of the Political Fight</title>
		<link>http://advanced-hindsight.com/2012/10/30/why-cant-we-be-friends-the-joy-of-the-political-fight/</link>
		<comments>http://advanced-hindsight.com/2012/10/30/why-cant-we-be-friends-the-joy-of-the-political-fight/#comments</comments>
		<pubDate>Tue, 30 Oct 2012 20:30:34 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[current-events]]></category>
		<category><![CDATA[Evil Empire]]></category>
		<category><![CDATA[Rachel Anderson]]></category>
		<category><![CDATA[Rebel Alliance]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1214</guid>
		<description><![CDATA[Journalists, businesses, comedians, and the rest of us have been crying out to politicians, &#8220;Why so much fighting?&#8221; and asking, “Can’t we all just get along?” Despite these calls for bipartisanship and peace in Washington, the quarrels rage on. Why? Although politicians say they wish the fighting would end, they may actually take pleasure in &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2012/10/30/why-cant-we-be-friends-the-joy-of-the-political-fight/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1214&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://advanced-hindsight.com/?attachment_id=1215#main"><img class="aligncenter size-full wp-image-1215" title="political fighting" alt="" src="http://advancedhindsight.files.wordpress.com/2012/10/dem-fight.jpg?w=551"   /></a></p>
<p><a href="http://www.forbes.com/sites/deannazandt/2012/08/22/cant-we-all-just-get-along-polarization-of-politics-the-internet-and-you/">Journalists</a>, <a href="http://online.wsj.com/article/SB10000872396390444900304577577412322839298.html">businesses</a>, <a href="http://www.theblaze.com/stories/million-moderate-march-jon-stewart-announces-rally-to-restore-sanity/">comedians</a>, and the rest of us have been crying out to politicians, &#8220;Why so much fighting?&#8221; and asking, “Can’t we all just get along?” Despite these calls for bipartisanship and peace in Washington, the quarrels rage on. Why?</p>
<p>Although politicians <i>say</i> they wish the fighting would end, they may actually take pleasure in the brawl. It may be emotionally rewarding for partisans to be in the “smarter” and “morally superior” party.</p>
<p><a href="http://www.understandingprejudice.org/apa/english/page8.htm">Psychological research</a> shows how derogating members of other cultural groups can make oneself feel superior and can even increase one’s self-esteem.</p>
<p>This may explain why partisans’ lives are so often full of tweeting, Facebooking, and protesting about how other parties are terrible. Such actions may be motivated more by the desire to immediately improve their self-esteem and feel self-righteous than by the desire to improve policy.</p>
<p>For instance, many liberals tweet claims that conservatives do not care for the poor. One explanation for this could be that liberals really do care for the poor, but they may also tweet this because it makes them feel better to be the good guy fighting for the poor compared the conservatives that they claim are evil and selfish.</p>
<p>Because viewing the other party as evil can make oneself feel better by comparison, partisans might actually <i>want</i> the other party to be evil. Conservatives may actually <i>want</i> Obama to be a communist and liberals may actually <i>want</i> Romney to be universally against women&#8217;s rights. These claims fit the self-flattering good versus evil narrative, where the opposing party is the Evil Empire and the partisan’s own team is the heroic Rebel Alliance fighting for good.</p>
<p>So when we ask the question, “Can’t we stop the fighting?&#8221;  The answer seems to be, “No, the self-righteous fighting is too much fun!”</p>
<p><b>~Troy Campbell &amp; Rachel Anderson~</b></p>
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		<title>Truth Bending: Why Politicians are Such Comfortable Liars</title>
		<link>http://advanced-hindsight.com/2012/10/25/truthbending/</link>
		<comments>http://advanced-hindsight.com/2012/10/25/truthbending/#comments</comments>
		<pubDate>Thu, 25 Oct 2012 12:00:52 +0000</pubDate>
		<dc:creator>advancedhindsight</dc:creator>
				<category><![CDATA[Cheating]]></category>
		<category><![CDATA[Real-World]]></category>
		<category><![CDATA[47 percent]]></category>
		<category><![CDATA[election 2012]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Rachel Anderson]]></category>
		<category><![CDATA[Troy Campbell]]></category>
		<category><![CDATA[truth bending]]></category>
		<category><![CDATA[you didn't build that]]></category>

		<guid isPermaLink="false">http://advanced-hindsight.com/?p=1193</guid>
		<description><![CDATA[Today many Americans find themselves thinking: how are politicians so comfortable lying? The answer may be found in the important element of how they lie. Specifically, politicians rarely lie straightforwardly; instead, they bend the truth. Because “truth bending” is rooted in some version of the truth, it creates enough wiggle room for politicians to maintain the &#8230; <span class="more-link"><a href="http://advanced-hindsight.com/2012/10/25/truthbending/">Continue reading &#187;</a></span><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=advanced-hindsight.com&#038;blog=21973039&#038;post=1193&#038;subd=advancedhindsight&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Today many Americans find themselves thinking: how are politicians so comfortable lying?</p>
<p>The answer may be found in the important element of <i>how</i> they lie. Specifically, politicians rarely lie straightforwardly; instead, they bend the truth. Because “truth bending” is rooted in <i>some</i> version of the truth, it creates enough wiggle room for politicians to maintain the belief that they are good, honest people.</p>
<p>Moral psychology shows that people lie to the extent that they can still see themselves as good people. Their wrongful or shady actions need to allow enough wiggle room such that they do not perceive themselves as bad, and truth-bending conveniently provides this flexibility.</p>
<p>Most of the popular 2012 elections lies are examples of truth bending. When we examine this component, we can better understand why politicians feel so comfortable making false claims. Let’s take a look at two of the most popular bends.</p>
<p><i> </i></p>
<h2><b><span style="text-decoration:underline;"> “The 47 Percent” Attack Ads</span></b></h2>
<p style="text-align:center;"><i><a href="http://advanced-hindsight.com/2012/10/25/truthbending"><img class="aligncenter size-full wp-image-1194" title="47_percent" alt="" src="http://advancedhindsight.files.wordpress.com/2012/10/slide1.jpg?w=551"   /></a>The Bend:</i><b> </b></p>
<p>Obama for America ads use the 47% comments to say Romney doesn’t care about veterans, the elderly, and at least 47% of the country.<i> </i></p>
<p><i>The Truth:</i><b> </b></p>
<p>Romney commented in a discussion of his campaign strategy, “My job is not is not to care about … the 47%.” However, he did not mean that he did not care about these people nor did he state that he does not want their lives to be improved. Instead, Romney meant that he would not focus on courting these voters because he believes that those efforts would be a waste of the Romney campaign’s time.</p>
<p><i> </i><i> </i></p>
<h2><b><span style="text-decoration:underline;">“You didn’t build that”</span></b></h2>
<p style="text-align:center;"><a href="http://advanced-hindsight.com/2012/10/25/truthbending"><img class="aligncenter size-full wp-image-1195" title="you_didnt_build_that" alt="" src="http://advancedhindsight.files.wordpress.com/2012/10/slide2.jpg?w=551"   /></a></p>
<p><i>The Bend:</i></p>
<p>The Romney campaign publicizes the following quote from Obama:  “If you’ve got a business—you didn’t build that.” This quote is used by the Romney Campaign to express that Obama does not think that businesses build themselves and instead rely completely on the government to succeed.</p>
<p><i>The Truth: </i></p>
<p>Obama stated that, “If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive.  Somebody invested in roads and bridges.  If you’ve got a business—you didn’t build that.  Somebody else made that happen.” In this quote, Obama expresses his belief that government can help create the environment that permits businesses to thrive. Obama says businesses did not build the roads that the businesses use. He does not claim people didn’t build their own businesses.</p>
<p>Jonathan Haidt explains in <i>The Righteous Mind </i>that when people want to do or believe something, they ask themselves, “Can I do this?” and search for an argument to support their desired actions.</p>
<p>Thus, when deciding whether an action is morally permissible, people have to convince themselves that it is. Without enough wiggle room, people cannot always rationalize their actions. However, as in the examples above, the combination of three factors create enough wiggle room for the campaigns to carry out such truth bending.</p>
<p><b>1. There is a bit of truth in the lie</b>. These bends are grounded in direct quotes, or what high school students would call “primary evidence.” A politician may feel morally wrong putting words in another politician’s mouth, but taking the words that another politician said out of context may feel less wrong.</p>
<p><b>2. The essence of the message is true. </b>Even if politicians realize they are bending the truth, technically, they may believe that they are still expressing the truth. The Obama campaign believes Romney only cares about the individuals at the top and the Romney campaign believes that Obama doesn’t care for individualism or the private sector. Their political ads may distort the truth of an isolated statement, but they also believe that the ads communicate a larger truth about the other candidate.</p>
<p><b>3. Both firmly believe they are the good guy fighting for the world.</b> When people believe they are doing something altruistic (e.g., helping a family member), their wiggle room (and, consequently, their dishonest behavior) grows. Since politicians believe they are fighting for the good of the entire world, their wiggle room is proportionately greater.</p>
<p><i>A final caveat</i>. One view may be that politicians are intentionally lying as much as possible and only curbing their lies out of fear of media scrutiny. Though the media does play a role in curbing bends, a richer understanding of the 2012 election comes from understanding politicians as somewhat normal moral beings who are in the perfect situation to bend the truth.</p>
<p><strong>~Troy Campbell and Rachel Anderson~</strong></p>
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