Less-is-better effect

  • The less-is-better defines a type of preference that, if evaluated separately, people tend to prefer lesser alternatives.
  • But, if it's evaluated together, the preference is reversed, goes for the bigger one.
  • Less-is-more effectLess-is-more effect

    The less-is-more effect claims that better accurate judgment between two alternative strategies might be the one with fewer pieces of information.
    It probability that there is more chance of f...

Source

  • –BOOK- Thinking, Fast and Slow Private or Broken Links
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