Prospect Theory
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
An approach to design that challenges assumptions and provokes thought by creating speculative or provocative artifacts.
A method where a document or proposal is limited to one page and created within one hour to ensure clarity and focus.
Activities that give the appearance of innovation but do not produce tangible results.
A cognitive bias where people judge the likelihood of an event based on the size of its category rather than its actual probability.
A cognitive bias where people tend to remember the first and last items in a series better than those in the middle, impacting recall and memory.
Design patterns that adapt to different screen sizes and devices, ensuring a consistent user experience.
A pricing strategy where a high-priced option is introduced first to set a reference point, making other options seem more attractive in comparison.
Elements in a process that cause resistance or slow down user actions, which can lead to frustration or be used intentionally to prevent errors and encourage deliberate actions.