Chicago Booth Review Podcast

← Chicago Booth Review Podcastvor 5 Tagen · 22 Min.

How "hidden" features shape shopping habits

How "hidden" features shape shopping habitsvor 5 Tagen22 Min.

When companies sell products, they only put some of the features front and center and hide others. How do they know if they're highlighting the right things? Chicago Booth's Giovanni Compiani talks about his research on salient and hidden features. Economic models traditionally assume that consumers consider all the facts before buying. How can we work out what they really care about?