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Eric Johnson on The Elements of Choice

10 snips
May 31, 2022
Eric Johnson, Director of the Center for Decision Sciences at Columbia Business School, dives into the intricate world of decision-making. He discusses his book, highlighting how choice architecture influences our daily decisions—often without our conscious knowledge. The conversation explores 'sludge' in choices and how the framing of options can lead us to better or worse decisions. From shopping habits to navigating conflicting goals, Johnson reveals the surprising power of small changes in our environment to shape our choices.
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ANECDOTE

Amazon Toaster Choices

  • Eric Johnson uses the example of Amazon's toaster selection to illustrate choice architecture.
  • The order of toasters, information provided, and even Amazon's Choice influence consumer decisions.
INSIGHT

Default Retirement Plans

  • Eric Johnson points out that companies used to opt employees out of retirement plans by default.
  • This seemingly passive choice architecture significantly impacted people's savings without their realizing it.
ADVICE

Healthy Eating Design

  • Structure your environment to promote healthy eating.
  • Keep desired foods visible and accessible, while making less healthy options harder to reach.
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