Quote by Barry Schwartz - Deepstash
Think Outside The Box

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Think Outside The Box

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Barry Schwartz

“The existence of multiple alternatives makes it easy for us to imagine alternatives that don’t exist—alternatives that combine the attractive features of the ones that do exist. And to the extent that we engage our imaginations in this way, we will be even less satisfied with the alternative we end up choosing. So… a greater variety of choices actually makes us feel worse.”

BARRY SCHWARTZ

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Types of indecisiveness

  • Exploratory indecisiveness: a long and drawn-out struggle to make decisions, even after all the options have been explored thoroughly.
  • Impetuous indecisiveness: quickly making decisions but constantly also changing one’s mind about them.

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Get better at making decisions

  • Be aware of the cognitive biases that might influence your thinking, and then use debiasing techniques to reduce those biases (imagining you're you’re giving advice to a friend, for example)
  • You can rely on your intuition when it’s appropriate to do so in quick decision making, but...

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Good decisions

Good decisions

To make good decisions, we generally need to do the following:

  • Identify the decision: recognizing the need to make a decision, and identifying what that decision involves.
  • Set our goals: establishing what we want to achieve with the decision...

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Why people struggle with decision making

  • The main reason why decision-making is hard is that every decision makes us go through a process that is most times difficult and complex, and having difficulties with any part of it can hinder the whole process.
  • The emotional difficulty that we face when w...

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Factors that make it harder to decide

  • Complexity: the more complex a certain decision is, the harder it is to choose. A common reason for added complexity in decision-making is that there is a large number of options to choose from.
  • Uncertainty: the more uncertainty is involved with a ...

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Emotions and decision-making

Our emotions can makes us act in an irrational way and make bad decisions. But don't ignore your emotions entirely; they are not necessarily the cause of our bad decisions.

You should take your emotions into account in a rational way, without giving them the power to prevent you from condu...

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Some people are naturally more indecisive than others

There are a few personality traits that are found in indecisive individuals:

  • Neuroticism: the tendency to be prone to negative emotions and psychological stress is strongly correlated with indecisiveness, as is perfectionism.
  • Indecisiveness is associated with the tendency to...

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The role of intuition in decision-making

When making decisions, using your intuition is not essentially good or bad; this depends on multiple factors, such as the circumstances at hand and the way you use your intuition.

While you should be willing to use your intuition where necessary, you should assess the situation first, ...

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You say problem, I say challenge.

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Endless choice leads to inertia

Very few of us feel competent enough to choose between an overwhelming amount of options. When you are offered 156 different kinds of retirement plans, for instance, it can make you miserable to make a competent choice.  For that reason, it might be easier not to make a choice.

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