Commitment Device
A technique or tool used to lock oneself into following through on a commitment, often by adding a cost to failing to do so.
A technique or tool used to lock oneself into following through on a commitment, often by adding a cost to failing to do so.
A principle often used in behavioral economics that suggests people evaluate options based on relative comparisons rather than absolute values.
The process of tracking and managing potential customers from initial contact through to sale.
The phenomenon where having too many options leads to anxiety and difficulty making a decision, reducing overall satisfaction.
A cognitive bias where people favor members of their own group over those in other groups.
The process of anticipating, detecting, and resolving errors in software or systems to ensure smooth operation.
Data that is organized in a predefined manner, making it easier for search engines to understand and display rich snippets in search results.
Average Revenue Per Account (ARPA) is a metric used to measure the average revenue generated per user or account.
The study of how colors affect perceptions and behaviors.