Tag: choice
-
The Paradox of Choice – Paul Solman interviews Barry Schwartz on the perils of cost-benefit analysis
PBS: Beware of economics: The perils of cost-benefit analysis I found Schwartz's distinction between maximizers and satisficers helpful. I'm definitely on the satisficer end of the scale, and I don't see the abundance of choice as that big of a problem most of the time. Only on truly costly decisions do I move more into…
-
Choice is Good
Recently I've posted on the challenge of having too much choice. Victor Claar resurrects this Wendy's commercial from the Soviet Union era to illustrate why choice can be good.
-
The art of choosing
This is an interesting TED video by Sheena Iyengar about how cultures differ in their assessment personal choice. One quote: …The assumption, then, that we do best when the individual self chooses only holds when that self is clearly divided from others. When in contrast two or more individuals see their choices as and their…