4.7 • 1.4K Ratings
🗓️ 6 November 2024
⏱️ 8 minutes
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0:00.0 | Last week, we discussed the paradox of choice. |
0:07.4 | The paradox of choice is a concept popularized by psychologist Barry Swartz, suggesting that while |
0:13.6 | having some choices is good, having too many choices can lead to negative outcomes. |
0:19.8 | For more information on those negative outcomes, |
0:23.0 | make sure you listen to last week's episode. But for now, welcome back to savvy psychologist. |
0:29.2 | I'm your host, Dr. Monica Johnson. Every week on this show, I'll help you face life's challenges |
0:34.6 | with evidence-based approaches, a sympathetic ear, and zero judgment. |
0:40.5 | Combating the paradox of choice involves adopting strategies that simplify decision-making, |
0:46.8 | reduce anxiety, and increase satisfaction with the choices made. Here are some effective |
0:53.1 | strategies. The first one is to limit options. |
0:57.0 | One of the most straightforward ways to combat the paradox of choice is to limit the number of |
1:03.0 | options that are available. This can be done by setting criteria. So establishing clear criteria |
1:10.4 | for what you want can help narrow down choices. |
1:13.6 | For example, if you're buying a new phone, decide on what the essential features are that you need, |
1:19.6 | and only consider models that meet those criteria. |
1:23.6 | The second thing would be capping choices, so you want to decide in advance to limit the number |
1:30.4 | of options you'll consider. |
1:32.5 | So for instance, you may choose to compare only the top five products in a category rather |
1:38.6 | than reviewing every single available option. |
1:42.7 | The second strategy is to embrace satisficing. |
1:47.6 | Satisficing is a term coined by Herbert Simon, and it involves choosing an option that |
1:53.4 | meets your minimum requirements rather than seeking the perfect choice. |
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