The paradox of choices
Ted Talk
- considering the choice we have based on the limitation: such as consulting doctor for option of diagnosis
- How to make a freedom choice?
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Reason:
- In the reality, there are too much options for making the choices
- Not all the choices are free to choose, there are some constraints in choosing the options, such as income constraints, ability, environment and etc.
- People may usually regret in chosen choice even it is the good decision because they feel worse from choosing.
- The opportunity cost is another factor that how the way we value things influence the choices
- At common, people believe that more options means the things are more attractive so that their expectation goes up
- low expectation let yourself feeling better after making decision from the choice
- it doesn't mean that more choices mean good choices
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Why choice makes people Miserable:
- regret and anticipated regret
- opportunity costs
- escalation of expectation
- self-blame
life is the matter of choice
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