Experiments you run on yourself

The Lab.

Six small experiments. Each one tries a trick on you that gets used on you every day, then shows you how it worked. Knowing about them helps less than you'd think. That's sort of the point.

About five minutesNothing you do here leaves this browserEvery number quoted comes from a named study
AnchoringNot run yet

The number you didn’t choose

A question about a consulting fee. Answer quickly, the way you would if someone asked you in a meeting.

The essay: The most expensive number is the first one →Who profitsWhoever gets to say a number first. Sellers, negotiators, and every menu you’ve ever read.
The decoy effectNot run yet

The option nobody buys

A magazine subscription, three plans (or two, depending on your luck). Pick one.

A magazine you like is running its yearly offer. Pick the plan you'd actually buy.

Prices are per year. There's no wrong answer, only a wrong reason.

The essay: The most expensive number is the first one →Who profitsWhoever designed the pricing page. A decoy costs nothing to offer, because nobody takes it.
FramingNot run yet

Same numbers, different answer

Six hundred jobs, two rescue plans, one choice. Take it seriously.

A factory is about to close and 600 jobs are at risk. There's money for one rescue plan. Which one do you back?

The essay: I've never met the rational actor →Who profitsWhoever writes the sentence. “95% fat free” sells. “5% fat” doesn’t, and it’s the same yogurt.
Loss aversionNot run yet

What a coin flip costs you

You could lose €100. How much would you have to be able to win?

A fair coin. Tails, you lose €100. What's the smallest amount heads would have to win you before you'd take the bet?

€100even money
The essay: I've never met the rational actor →Who profitsInsurance add-ons, extended warranties, “don’t miss out” emails. Anything sold by making you picture the loss.
DefaultsNot run yet

The boxes you didn’t touch

A new app wants you to confirm your settings. You know how this goes.

You've just downloaded a new app. It asks you to confirm your settings. Change whatever you like, then continue.

Your settingsStep 2 of 2
The essay: You are your defaults →Who profitsWhoever sets the switches. Here, that would have been “partners” you’ve never heard of.
The zero-price effectNot run yet

The pull of free

Two chocolates, one hand. It’s a small decision. That’s why it works.

There's a small stand at the end of a hallway. You can take one chocolate, no more. Which one?

The essay: You can't buy attention, only rent it →Who profitsEvery “free” app you use. Free isn’t a price, it’s a different decision, and the bill shows up somewhere else.

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  1. 01AnchoringNot run yet
  2. 02The decoy effectNot run yet
  3. 03FramingNot run yet
  4. 04Loss aversionNot run yet
  5. 05DefaultsNot run yet
  6. 06The zero-price effectNot run yet

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These tricks don't only live in labs. The specimen cabinet has the ones you'll meet at checkout this week, redrawn so you can look at them up close.