Understanding two categories of Decision - Deepstash

Understanding two categories of Decision

Understanding the different ways people make decisions has helped put things in perspective. People tend to lean toward one of two categories: 'maximisers', who want to ensure they get the most out of the choices they make; and 'satisficers', who tend to adopt a ‘this is good enough’ approach.

Each comes with benefits and drawbacks – including impacting how happy you are. Fortunately, there are also ways to ‘hack’ your decision-making process, allowing you to match the right approach to the importance of the choice. 

18

58 reads

CURATED FROM

IDEAS CURATED BY

nishish71

Hi, I am Nishi, A Passionate Freelance Writer, blogger, Reader, Learner and Traveller, Thanks! My Blog: https://www.meliorismlaconic.com

The idea is part of this collection:

How To Stop Wasting Time

Learn more about problemsolving with this collection

Creating a productive schedule

Avoiding procrastination

Prioritizing tasks effectively

Related collections

Similar ideas to Understanding two categories of Decision

Maximisers vs Satisficers

Maximisers vs Satisficers

There are two main types of decision-makers:

  • Maximisers: They want to ensure they get the most out of their choices.
  • Satisficers: They tend to adopt a 'good enough' approach.

Each one has its benefits and drawbacks. Understandi...

How we can make good decision

  • When we have a decision to make, it is recommended to solicit the views of people who have had the experience you're considering.
  • We can also ask the opinions of those around us since people tend to take a longer-term view when thinking about other people's choices.
  • The k...

The Four Villains of Decision Making

The Four Villains of Decision Making

  • Narrow framing: The tendency to define our choices in binary terms. We ask, "should I, or shouldn't I?" instead of “What are the ways I could...?”
  • Confirmation bias: People tend to select the information that supports their preexi...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates