A note from Sary

Ch.6 SCARCITY: Participants in a consumer preference study were given a chocolate-chip cookie from a jar and asked to taste and rate its quality. For half of the raters, the jar contained ten cookies; for the other half, it contained just two. As we might expect from the scarcity principle, when the cookie was one of only two available, it was evaluated more favorably than when it was one of ten. The cookie in short supply was rated as more desirable to eat in the future, more attractive as a consumer item, and more costly than the identical cookie in abundant supply.

Sary Influence, page 268 · March 23, 2024 Save to shelf
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