Meaning

1 senses
  1. The phenomenon whereby consumers will tend to have a specific change in preference between two options when also presented with a third option that is asymmetrically dominated: that is, the third option is inferior in all respects to one option, but, in comparison to the other, it is inferior in some respects and superior in others.

Forms

plural: decoy effects
Singulardecoy effect
Pluraldecoy effects

regular

See also

neighbours in the dictionary
decoy effect — meaning, examples, forms, synonyms | Krumeto