Defaulting
The practice of setting defaults in decision environments to influence outcomes, often used in behavioral economics and design.
The practice of setting defaults in decision environments to influence outcomes, often used in behavioral economics and design.
The process by which a measure or metric comes to replace the underlying objective it is intended to represent, leading to distorted decision-making.
Business-to-Business (B2B), a business model where products or services are sold from one business to another.
A cognitive bias where individuals overlook or underestimate the cost of opportunities they forego when making decisions.
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
A cognitive bias where consumers change their preference between two options when presented with a third, less attractive option.
A document that provides a high-level overview of a product, including its objectives, target market, key features, and requirements, used to guide development efforts.
A visual exercise that helps product teams understand and prioritize features by organizing user stories into a cohesive narrative that aligns with user journeys and goals.