The Nirvana fallacy
The second mechanism of analysis paralysis is the reluctance to choose a solution because maybe if we think about it one more day, we will find a much better one.
The perfect solution fallacy is called the Nirvana fallacy and it prevents us from seeing the effectiveness of the solutions we have at hand.
I teach Thinking and Deciding in Business for multiple schools in Romania and abroad. On top of that, I am an angel investor, a trainer and I run marathons, often dressed as Mickey Mouse.
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The Nirvana fallacy: when perfectionism leads to unrealistic solutions