New Books in Psychology cover image

Eric J. Johnson, "The Elements of Choice: Why the Way We Decide Matters" (Riverhead Books, 2022)

New Books in Psychology

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The Importance of Trust in Decision Making

There are three reasons why defaults have such a big impact. One is about ease or just greasing the wheels of decision making. Second thing is endorsement. And third is endowment, which is sort of like you've got it. So you don't really want to have to think hard about whether or not you should switch.

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