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The science of influence has an influencing problem

 

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There are five myths about behaviour that persist despite being debunked by social sciences like behavioural economics.

In this video, I share what they are and why the science of influence has its own influence problem!

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Off by 100% Bias

 

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When you tell a customer something is 125% better, theyā€™ll think itā€™s only 25% better.

This is the Off by 100% Bias.

That new Black & Decker vacuum cleaner that claims to last 125% longer? Its performance will seem underwhelming.

Telling people their energy usage is 108% more than other households? Theyā€™lll underestimate how much of a power hog they are.

Of course, increasing their prices by 110% is likely to be underestimated, too. That is, until they get your bill!

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