“valuing the condition of having options over the quality of the options can sometimes lead to decisions that don’t serve us well.”
“Your enjoyment of the chosen options will be diminished by your regret over what you had to give up. In fact, the sum total of the regret over all the “lost” options may end up being greater than your joy over your chosen options, leaving you less satisfied than you would have been if you had had less choice to begin with.”
“when people are given a moderate number of options (4 to 6) rather than a large number (20 to 30), they are more likely to make a choice, are more confident in their decisions, and are happier with what they choose.”
“When heuristics don’t yield the results we expect, you’d think we would eventually realize that something’s wrong. Even if we don’t locate the biases, we should be able to see the discrepancy between what we wanted and what we got, right? Well, not necessarily. As it turns out, we have biases that support our biases! If we’re partial to one option—perhaps because it’s more memorable, or framed to minimize loss, or seemingly consistent with a promising pattern—we tend to search for information that will justify choosing that option. On the one hand, it’s sensible to make choices that we can defend with data and a list of reasons. On the other hand, if we’re not careful, we’re likely to conduct an imbalanced analysis, falling prey to a cluster of errors collectively known as “confirmation biases.”
“A clear right answer and the opportunity to change the options? This is the chooser’s dream.”
“the way we frame information for ourselves or for others can make a big difference in how we see and respond to choice. Every time we encounter new information or reexamine old information, we’re influenced by its presentation. We can use framing to our advantage, but sometimes it has a negative impact on the quality of our decisions.”
“It's easy to assume people are conforming when we witness them all choosing the same option, but when we choose that very option ourselves, we have no shortage of perfectly good reasons for why we just happen to be doing the same thing as those other people; they mindlessly conform, but we mindfully choose. This doesn't mean that we're all conformists in denial. It means that we regularly fail to recognize that others' thoughts and behaviors are just as complex and varied as our own. Rather than being alone in a crowd of sheep, we're all individuals in sheep's clothing.”