new model

New model explains why we overestimate our future choices

http://www.eurekalert.org/rss/business.xml  Tue, 07/15/2008 - 23:00

(University of Chicago Press Journals) When people make choices for future consumption, they select a wider variety than when they plan to immediately consume the products.

A new study in the Journal of Consumer Research examines the reasons behind this diversification of choices.