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Why the medium popcorn exists: an interview on the decoy effect

A behavioural economist explains the decoy effect: how an option nobody wants can change what people choose, from magazine subscriptions to cinema snacks, and where the research is less certain than the headlines.

C2Adults55 minInterview

About this lesson

A C2 listening lesson (interview). Dialogues and stories to listen to, with transcripts, speed control and ready-made questions.

Level
C2
Skill
Listening
Type
Interview
Students
Adults
Time
About 55 minutes
Topic
Shopping & money
Activities
Speaking / writing task, Key words, Listening (read aloud), Multiple choice, Gap-fill, Matching
Key words
decoy, a mouthful, a steal, nudge, steer, oversold
Access
Premium

By the end, students can

  • Understand an expert explanation of an economic concept, including figures and caveats
  • Recognise how speakers qualify claims and signal the limits of research
  • Analyse pricing and choice architecture in real contexts