How Does Decoy Pricing Affect Purchasing Decisions?

This paper is devoted to the cognitive biases of decoy pricing, which has become the subject of interest of retail companies in recent years. The paper analyses the principles of the decoy effect with regard to consumer behaviour in the Czech Republic (which represents customers of the Eastern Europ...

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Bibliographic Details
Main Authors: Kubíčková Lea, Veselá Lucie, Kormaňáková Marcela, Veverková Ekaterina
Format: Article
Language:English
Published: Sciendo 2023-12-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2023-0053