AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Paradox of Choice and Decision Making Heuristics
When faced with an abundance of choices, decision-making becomes challenging, leading to spending more time on trivial decisions. This continuous decision-making process not only incurs a time cost but also an energy cost, wearing individuals out unknowingly. To simplify decision-making, utilizing decision-making heuristics can be beneficial. One heuristic suggests choosing the option that is more painful in the short term to avoid the tendency to prioritize short-term comfort. Another valuable heuristic is to default to saying 'no' when unable to decide, especially in a world inundated with choices. This default 'no' approach helps in prioritizing important decisions and prevents individuals from being overwhelmed with commitments. Procrastinating decisions or vacillating on choices can lead to anxiety and wasted time. It is crucial to take actions that align with decisions to move forward effectively, as emphasized in Tony Robbins' 'Awaken the Giant Within' workbook.