Consumer behavior anomalies

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Reference no: EM132086009

1. Winner’s Curse

2. Status Quo Bias

3. Hyperbolic Discounting

4. The Cognitive Miser

5. The Framing Effect

6. Confirmation Bias

7. Norm of Reciprocity

8. The Illusory Truth Effect

9. Altruism

10. Analysis Paralysis

11. Omission Neglect

12. Anchoring Effect

Your task is this:

Research all 12 of the above Consumer Behavior anomalies. Keep notes containing the information you collect on each. Pay particular attention to not only their definitions, but their causes, and ways to overcome them (if appropriate). You should acquire as much additional information as you see fit.

Reference no: EM132086009

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