Weber's Law

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Weber's Law

In psychology, a concept stating that change in a stimulus is noticeable in proportion to the strength of the original stimulus. Weber's law is used in marketing to increase prices for products. That is, marketers have found a company may change its prices by a certain percentage before customers notice they are higher or lower.
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References in periodicals archive ?
(ii) Secondly, the system models the crowd behavior as a variation of signal in spatiotemporal domain and measures the change with the Weber law, which has been proved effectively in psychophysics.
Johnston of Blumenfeld Development Group; Scott Burman of Engel Burman Group; Mark Kaplan of Kabro Associates; Jan Burman of Engel Burman; LIREG President David Einbinder, of First Development Corp.; Brad Cronin of Cronin, Cronin & Harris P.C., Matthew Whalen of Avalon Bay Communities; and Bram Weber of Weber Law Group.
Weber Law Group LLP (WLG) is pleased to announce that their new offices received a Design Excellence Award from the Long Island Chapter of the American Institute of Architects (AIA).
David Valger, of RCG Longview LLP, serves as REX Steering Committee chair; Bram Weber, of Weber Law Group LLP, serves as REX steering committee vice chair; and the REX premiere committee chairs are Sam Blank of RCG Longview LP, Brian Feil of The Feil Organization, and Jared Kushner of Kushner Properties.