Have you ever watched someone spend 20 minutes scrolling through the Netflix menu looking for something to watch? You can almost hear their brains freezing up at the options.
In this case the "cost" of making a bad choice- losing an hour to a film you don't like before giving up- is almost zero, yet the endless choices raise the perceived cost. With so many choices, the "perfect" bit of entertainment must be there, so anything less may be perceived as a failure.
The restaurant menu gives your options, but also your limits. We need the limits to begin to narrow our choices.
Peter
Showing posts with label Choices. Show all posts
Showing posts with label Choices. Show all posts
Tuesday, June 7, 2011
Monday, May 2, 2011
Choices
You never have perfect information. In the end choices are educated guesses based on past experience and input from those you trust.
You weigh your options, then you go. In my book action is better than inaction, because you will at least learn something along the way.
Peter
You weigh your options, then you go. In my book action is better than inaction, because you will at least learn something along the way.
Peter
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