The Influence of Decision Task on the Magnitude of Decoy and Compromise Effects in a Travel Decision

Volume: 58, Issue: 7, Pages: 1071 - 1087
Published: Aug 30, 2018
Abstract
This research assesses the effects of choice alternatives on the travel destination decisions of travelers. The decoy effect involves the addition of a new inferior alternative into a choice set, thereby increasing the choice of an existing option. Meanwhile, the compromise effect involves the addition of a new alternative into a choice set that increases selection of an existing option with nonextreme attributes, and decreases selection of...
Paper Details
Title
The Influence of Decision Task on the Magnitude of Decoy and Compromise Effects in a Travel Decision
Published Date
Aug 30, 2018
Volume
58
Issue
7
Pages
1071 - 1087
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