
The Strategic Mind of the Modern Consumer – Part 1: How Cognitive Biases Undermine Rational Choice
The Strategic Mind of the Modern Consumer 1 The Strategic Mind of the Modern Consumer – Part 1: How Cognitive Biases Undermine Rational Choice 2 The Strategic Mind of the Modern Consumer – Part 2: Persuasion as a Science: Navigating the Elaboration Likelihood Model 3 The Strategic Mind of the Modern Consumer – Part 3: Anchors, Decoys, and Dissonance: The Psychology of Price and Loyalty 4 The Strategic Mind of the Modern Consumer – Part 4: Beyond Utility: Status, Identity, and the Allure of Luxury Goods 5 The Strategic Mind of the Modern Consumer – Part 5: Digital Identity and Social Proof: Building Trust in the Online Ecosystem 6 The Strategic Mind of the Modern Consumer – Part 6: Ideological Consumption: When Political Values Dictate Brand Preference 7 The Strategic Mind of the Modern Consumer – Part 7: Tomorrow's Terrain: Forecasting Crises, Sustainability, and Technological Shifts ← Series Home The Illusion of Logic in the Marketplace The contemporary marketplace often assumes that consumers are thoughtful decision-makers who systematically weigh options to maximize their personal well-being. This foundational belief in rationality is rooted in the traditional Economic Model of Consumer Behavior. According to this classic paradigm, consumers evaluate the advantages and disadvantages of various offerings, such as features, quality, and cost-effectiveness, before arriving at a choice. Marketing professionals, therefore, conventionally structured their propositions to appeal to this supposed logical evaluation process. ...








