© Orin C. Davis, All rights reserved Orin C. Davis, Ph.D. Quality of Life Laboratory
Researchers (Sheena Iyengar, Barry Schwartz, others) have found that too much choice is a bad thing Leads to choice paralysis But isn’t choice good? More options means better options Higher standards But then we are responsible for our choices
Constantly looking for the very best Aiming for perfection We want to choose the best option “Eyes on the prize” – going for the goal Bounded rationality We never know everything about the situation We also don’t know if things we know now will stay the same Focusing illusion – we can’t see past changes
Lower levels of (?): Self-esteem Well-being Life satisfaction Higher levels of (?): Social comparison As long as I’m doing better than everyone else But if I’m not, that’s really bad! Regret
When the best outcome is needed, it is more likely to be obtained Stronger drive More help-seeking behavior to get where one needs to go
Set a threshold of “good enough,” and accept the first thing that crosses it Loses out on absolute best opportunities, but puts in less effort, too “Perfect is the enemy of the good” ? Tend to be happier, have higher self-esteem Satisficers can be good enough Which does not prevent them from striving to be better Fewer social comparisons