The psychology of why we overpay for used cars
October 23, 2026
October 23, 2026
CHICAGO, Illinois, Oct. 23 -- The University of Chicago posted the following news:
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The psychology of why we overpay for used cars
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Consumers routinely ignore information when making purchases. They overlook the tax attached to a price, skim past ingredient lists and often fail to process exact numbers with any precision.
This kind of inattention is well-documented. What is less well understood is how businesses exploit this . . .
* * *
The psychology of why we overpay for used cars
*
Consumers routinely ignore information when making purchases. They overlook the tax attached to a price, skim past ingredient lists and often fail to process exact numbers with any precision.
This kind of inattention is well-documented. What is less well understood is how businesses exploit this . . .