what are the negative effects unwise in decision making as a consumer?
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what are the negative effects unwise in decision making as a consumer?
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Unwise Decisions making as a consumer
Consumers make regretable decisions every day, even though easily available information should convince them to do otherwise.
In fact, consumers leave so much on the table making wrong decisions—money, health, career—that an industry is evolving around motivating people to be smarter about their choices. The problem: solutions created by these researchers and other behavioral scientists, such as incentives to remind health care shoppers to read and understand options before choosing insurance coverage, often fail.
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