Less-is-better effect

The less-is-better effect is a type of preference reversal that occurs when the lesser or smaller alternative of a proposition is preferred when evaluated separately, but not evaluated together. The term was first proposed by Christopher Hsee.[1]

  1. ^ Hsee, Christopher K. (1998). "Less Is Better: When Low-value Options Are Valued More Highly than High-value Options" (PDF). Journal of Behavioral Decision Making. 11 (2): 107–121. doi:10.1002/(SICI)1099-0771(199806)11:2<107::AID-BDM292>3.0.CO;2-Y. S2CID 1187697.