{"id":101207,"date":"2026-03-07T03:00:08","date_gmt":"2026-03-07T08:00:08","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=101207"},"modified":"2026-03-05T08:39:03","modified_gmt":"2026-03-05T13:39:03","slug":"reported-preference-versus-revealed-preference-know-the-difference","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2026\/03\/07\/reported-preference-versus-revealed-preference-know-the-difference\/","title":{"rendered":"Reported preference versus revealed preference &#8211; know the difference"},"content":{"rendered":"<p>On the social media site formerly known as <em>Twitter<\/em>, <a href=\"https:\/\/x.com\/Devon_Eriksen_\/status\/2029415797844582487\" target=\"_blank\">Devon Eriksen<\/a> encapsulates the experiences of so many companies who found a male-oriented market and then they try to make their offerings more appealing to women:<\/p>\n<blockquote><p><a href=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-05-at-08-35-10-Devon-Eriksen-on-X-Most-business-suicides-are-induced.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-05-at-08-35-10-Devon-Eriksen-on-X-Most-business-suicides-are-induced.png\" alt=\"\" width=\"564\" height=\"512\" class=\"aligncenter size-full wp-image-101208\" srcset=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-05-at-08-35-10-Devon-Eriksen-on-X-Most-business-suicides-are-induced.png 564w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-05-at-08-35-10-Devon-Eriksen-on-X-Most-business-suicides-are-induced-480x436.png 480w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-05-at-08-35-10-Devon-Eriksen-on-X-Most-business-suicides-are-induced-150x136.png 150w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/p>\n<p>Most business suicides are induced by not understand[ing] the difference between reported preference and revealed preference. <\/p>\n<p>If you run Testosterone Studios, maker of <em>Angry Muscular Axe Guy Kills Demons in Hell<\/em>, you might notice after a while that not very many women buy your games. <\/p>\n<p>Since your stockholders have a profound moral objection to other people having money and not giving it to them, they want you to correct this problem, stat. <\/p>\n<p>They want you to make <em>Angry Muscular Axe Guy Kills Demons in Hell 2<\/em> sell to men AND women. So you sigh, shrug your shoulders, hire a bunch of female consultants, and ask them &#8220;What do women like?&#8221;<\/p>\n<p>&#8220;Feminism!&#8221; <\/p>\n<p>&#8220;Girlbosses!&#8221;<\/p>\n<p>&#8220;Strong Female Characters effortlessly outdoing men at everything!&#8221;<\/p>\n<p>&#8220;Gay stuff!&#8221;<\/p>\n<p>So Testosterone Games dutifully makes <em>Petite Feminist Girlboss Replaces Angry Muscular Axe Guy<\/em>, hoping that men will buy it because they bought the first one, and girls will buy it because it panders to what they were told girls want. <\/p>\n<p>Of course, nobody buys it. The men don&#8217;t buy it because it&#8217;s not what they liked in the first one, and women don&#8217;t buy it because women couldn&#8217;t care less about games where you fight demons in hell. <\/p>\n<p>If, instead of asking a bunch of consultants what women like (reported preference), they had looked at games women actually buy (revealed preference), they would have seen something very different. <\/p>\n<p>&#8220;Fruit Matcher 3000 for iPhone.&#8221; <\/p>\n<p>&#8220;Point and Click Alice in Wonderland Studio Ghibli Adventure&#8221;<\/p>\n<p>&#8220;Something Something Hogwarts.&#8221;<\/p>\n<p>And they would have realized, had they two brain cells to rub together, that you can&#8217;t please everyone, because some people hate exactly what other people like. <\/p>\n<p>If you want more money, look at who is already buying your product, and see if you can make them like the next one better. Because I guarantee you aren&#8217;t already selling to every single male on the planet. <\/p>\n<p>And don&#8217;t hire video game consultants. <\/p>\n<p>They don&#8217;t know how to sell games, and they don&#8217;t care, because they don&#8217;t want to sell games. They just hate men, and want to ruin things men like. If you hire them, they&#8217;re going to have their fun, cash your check, and ride off into the sunset, while you lose your business. <\/p>\n<p>And indie studios, who know whether they are making <em>Aliens Must Die<\/em> or <em>Barbie Horse Adventures<\/em>, will replace you, which is the free market operating as intended.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>On the social media site formerly known as Twitter, Devon Eriksen encapsulates the experiences of so many companies who found a male-oriented market and then they try to make their offerings more appealing to women: Most business suicides are induced by not understand[ing] the difference between reported preference and revealed preference. If you run Testosterone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[831,25,14],"tags":[428,1026,43],"class_list":["post-101207","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-gaming","tag-marketing","tag-microeconomics","tag-women"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-qkn","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/101207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=101207"}],"version-history":[{"count":2,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/101207\/revisions"}],"predecessor-version":[{"id":101210,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/101207\/revisions\/101210"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=101207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=101207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=101207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}