Introduction
This book explores a variety of topics that fall in the realm of
psychological and behavioral economics. It demonstrates to the reader
how to perform straightforward experiments in order to understand
how people think about the economic aspects of their daily lives.
Behavioral economics is a 'hot new area' of economics and consumer
psychology. This book provides a comprehensive guide on consumer
research and the types of results required. These approaches are
spreading further around the globe, thanks to the work of Dr. Howard
Moskowitz, one of the authors of this book, and the incredible success
of Selling Blue Elephants. In other words, the book is just slightly
ahead of a sea change in consumer research, and may be one of the
'tipping points'. (Coincidentally, Malcolm Gladwell, the bestselling
author, is a great admirer of Dr. Moskowitz)
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