
FAREWELL
033 - How to Change Your Behavior and Make Better Decisions (with Katy Milkman)
Apr 25, 2024
Wharton professor Katy Milkman discusses strategies for changing behavior, beating impulsivity, making difficult decisions, and the power of subtractive solutions. She explores the concept of satisficing, overcoming barriers to behavior change, and enhancing creativity through varied perspectives. The podcast delves into decision-making strategies, distinguishing between significant and insignificant choices.
37:54
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Quick takeaways
- Distinguish significant decisions from minor ones to conserve mental energy and focus on essential choices.
- Removing obstacles can be more impactful than constantly seeking additional solutions, promoting a more streamlined approach to achieving goals.
Deep dives
Recognizing the Importance of Prioritizing Big Decisions Over Small Ones
Katie Milkman emphasizes the significance of not getting caught up in the small decisions and being content with satisficing on less critical matters to conserve mental energy for more substantial choices. She explains that differentiating between big and small decisions is vital; being unsure about a choice often indicates that it's not a significant decision. Moreover, she touches on cognitive dissonance, highlighting how our minds tend to justify the decisions made, leading us to feel good about them over time.
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