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Do you take hours to make a simple decision? You may have Fobo

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https://www.theguardian.com/global/2019/nov/24/fear-of-missing-out-fomo-making-decision-biology-fobo-christmas-turkey

theguardian.com

Do you take hours to make a simple decision? You may have Fobo
Recently, Mike Hall, 48, a management consultant based in Winchester, decided to get ahead with Christmas preparations. "Do I buy the free range bronze turkey for 10-12, or 12-14, even though there are only seven of us for Christmas Day?" he wondered, attempting to tot up all the different variables.

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FOBO: Fear of Better Options

Whether it is deciding what to watch on TV, or which job offer to accept, Fobo (Fear of better options) can affect anyone.

A Fobo-afflicted person may not make a decision due to wanting compl...

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Technology accelerates FOBO

Sophisticated apps and social media only accelerate FOBO, giving us unlimited options. We are unable to decide due to a constant flow of new plans, events, invitations or commitments.

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Decision-making people: Maximisers

Maximisers compare everything before making a decision, setting very high standards and expectations for themselves.

They often feel disappointed with their final decision after making it.

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Decision-making people: Satisficers

Satisficers are the ones that make "good enough" decisions, have modest expectations and are generally happier and more satisfied after making their decision.

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Panic Buying

Panic Buying

The world is seeing panic buying in supermarkets, with items like toilet paper, milk, soda, hand sanitizers, etc. flying off the shelves, especially in places with confirmed cases of the virus.

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Downsides of Panic Buying

  • Panic buying makes people feel in charge of the situation, while seemingly mundane measures like hand-washing, which are actually impactful, seem ordinary.
  • The problem comes when people overbuy in their over-panicked state of mind (irrational stockpiling), making the shortages worse than they really are.
  • Speculators also take advantage of panic buying and raise prices of essential items like face masks, forcing companies to take appropriate measures.

Loss Aversion

..is a principle which makes people do things so that they don't feel regretful later. 

People are panic-buying for the same reason too, with social media and news media amplifying the sense of scarcity.

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Hobbies for relaxation

Americans have roughly 5 hours of leisure per day. However, watching TV takes up more than half of those hours. Then, when we do make use of those leisure hours, our hustle culture makes...

The“fantasy self”

One mistake people make when starting a hobby is picking something aspirational rather than something they enjoy. When you pick a hobby, stay true to what you enjoy. If you like cooking, try to take your current skills up a notch. If you like writing, try a fiction workshop.

If you want to try something totally new, start small. To hold yourself accountable, enlist friends in the effort.

Hobbies and side hustles

A hobby is not a side hustle. It is important to develop hobbies outside of our economy with no financial motives attached.

Since a leisure pursuit is an outlet for stress, the pure pleasure of engaging in a hobby should be enough. A hobby not only helps to refuel us for a busy work life but also helps us to practice deep focus.

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Human Emotions

An emotion is an objective state that exhibits itself in many ways like behavior, facial expression, heart rate, blood pressure, and stress-hormone levels. Broadly speaking, we kn...

New Kinds of Emotions

  • Mix N match Emotions: FOMO (Fear of Missing Out) is a newly coined mix of envy, fear, and sadness.
  • Social Emotions: Feelings like guilt, shame and embarrassment are social emotions, and can even be found in dogs.
  • Fear: Emotions like fear and anxiety are hard to pinpoint in the brain's geographical area, due to the presence of multiple fear circuits.

If our emotions are constructed by our minds, it means they can also be de-constructed or even reconstructed.

Labelling Emotions

The brain loves to identify, tag, or label all the feelings and emotions that are being experienced.

New studies show that changing the name of the emotion can change the feeling that is produced by hearing that emotion, and the brain may be able to create or make up emotions that don't have a label yet.