Psychological state alterations induced by substance-related physiological mechanisms affect consumer decision-making. We examine the influence of caffeine—the world's most popular psychostimulant—on the attraction effect. In three double-blinded experiments, we show that caffeine intake via...

Psychological state alterations induced by substance-related physiological mechanisms affect consumer decision-making. We examine the influence of caffeine—the world’s most popular psychostimulant—on the attraction effect. In three double-blinded experiments, we show that caffeine intake...

Following geographically concentrated changes in housing markets, real estate prices have skyrocketed in many cities and metropolitan areas across Germany. These developments have not only shifted the macro-level distribution of asset wealth among homeowners but have also resulted in price...