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Less–is–better effect

Description

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.

Example 1:

A company offering a high-quality product with fewer features might be perceived more favorably than a product with many features, some of which are poorly implemented, when customers evaluate them for specific needs.

Example 2:

When giving corporate gifts, a high-quality, smaller gift (e.g., a premium pen) might be perceived as more valuable than a larger, lower-quality gift set, if evaluated in isolation.