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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2023-12-01
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Series: | Studies in Business and Economics |
Subjects: | |
Online Access: | https://doi.org/10.2478/sbe-2023-0053 |