Irrational Escalation
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The ability to intuitively understand what makes a product successful, including market needs, user experience, and competitive landscape.
The set of human characteristics associated with a brand, which shape how consumers perceive it.
User-Centered Design (UCD) is an iterative design approach that focuses on understanding users' needs, preferences, and limitations throughout the design process.
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
The perception of a brand in the minds of consumers, shaped by interactions and experiences with the brand.
The deteriorating quality of decisions made by an individual after a long session of decision making, due to mental exhaustion.
A cognitive bias where people prefer familiar things over unfamiliar ones, even if the unfamiliar options are objectively better.