Explore behavioral economics on screen
Compare wording, prices and options, then explore the reasons judgments can change.
14 lessons across chapters and 8 new patterns.
Compare the presentations
Keep the underlying conditions fixed and inspect what changes.
01 Two frames of the same fact
Switch between complementary outcome frames and price equivalents.
Illustrative comparisons with fictional values; these do not measure conversion or revenue effects.
80%
Completed
20%
Not completed
The denominator is the same 100 fictional cases over one period. Both sides add to 100%.
¥3,020 / month
Billed monthly at ¥3,020. Total over 12 months: ¥36,240.
The daily equivalent divides one month by 30 and rounds down. Billing is not daily.
02 Inspect the reference behind a price
Keep the selling price fixed and change only its comparison.
Illustrative comparisons with fictional values; these do not measure conversion or revenue effects.
Selling price ¥2,000
Even the documented example is fictional teaching material. Real displays require checking the product, conditions and period.
Read about anchoring →03 What changes when another option appears?
Add another option to the same two plans. This illustration does not evaluate omitted terms or quality.
Illustrative comparisons with fictional values; these do not measure conversion or revenue effects.
Read
¥1,000 / month
- View
Solo readers
Share
¥2,000 / month
- View
- Share
People working together
Export
¥3,000 / month
- View
- Export
People needing local exports
Understand what shapes a judgment
Explore existing lessons on loss aversion, defaults and related ideas in the same theme.
14 lessons
Reference points and prospect theory
The same outcome can feel different depending on the reference point used to judge gains and losses.
Mental accounting
People evaluate money within budgets and transactions as well as in one overall total.
Present bias
Putting extra weight on immediate effort or rewards can create a gap between plans and later actions.
Anchoring
An earlier number can influence a later numerical judgment.
Framing effect
Equivalent facts or options can produce different judgments when presented in different frames.
Decoys and choice context
Choices can depend on the relationship between options, not just on each option in isolation.
Endowment effect
The value placed on giving something up can differ from willingness to pay to acquire it.
Shrouded attributes and add-on costs
When add-on costs are hidden from an initial price, the basis for comparing offers changes.
Bounded rationality
People choose with limited information and time rather than comparing indefinitely.
Loss aversion
A loss tends to feel bigger than a gain of the same size.
Default effect
Options that are preselected tend to stay selected.
Choice overload
Too many options can stall decisions or lower satisfaction, but whether it happens depends heavily on conditions.
Peak-end rule
People judge an experience mostly by its most intense moment and its end, not its average.
IKEA effect
Things people build themselves feel more valuable than the same things made by others.
Turn the ideas into interfaces
Open a preview for build steps, measurement and failure conditions.
Show both frames of the same fact
Let users inspect completion and non-completion for the same population and period.
Explore this patternSet a personal reference before the price
Clarify needs and budget before viewing the seller’s reference price.
Explore this patternChoose when to start
Let someone who cannot finish now choose a start date and first step.
Explore this patternInclude mandatory costs from the start
Show the same total and breakdown from initial comparison through confirmation.
Explore this patternUse a documented reference price
Separate selling price from a reference with comparable conditions, period and records.
Explore this patternShow daily, monthly and annual amounts
Keep the billing period and actual total visible alongside small equivalent amounts.
Explore this patternGive every plan a reason to exist
Give every option an audience and trade-off so users can choose by cost and required features.
Explore this patternLet users export work made in a trial
Let users retain, export or delete trial work and judge the value of continuing.
Explore this patternExplore related ideas
For ideas often called bandwagon effects, explore social proof. Labels from psychology are not all interchangeable economic theories; inspect the underlying research and conditions.
Read about social proof →Practical reference for price comparisons: Consumer Affairs Agency: reference-price displays (Japan). This lesson does not determine whether a particular display is compliant.