“Across many domains of psychology, one finds that X increases Y to a point, and then it decreases Y.There is no such thing as an unmitigated good. Clearly, people put off and avoid choice when extra options are added.
According to this colleague’s study, adding an extra 10 options for retirement plans makes 2% less people choose a retirement plan each time. Schwartz hasn’t been the only one to notice the paradox of choice as a daily struggle, and his work cites an anonymous colleague who studied investments in retirement plans. Nowadays, this effect can be seen everywhere, from the doctor’s office to the shoe store to your Netflix homepage. Paradox of choice―how an abundance of options ultimately makes us miserable.Īccording to Barry Schwartz, it is infinitely harder to make a decision when you have more options to choose from. His most recent and perhaps most relevant work, Brilliant: The Art and Science of Making Better Decisions, offers 14 guided lectures on how to make decisions that improve your life. Schwartz is famous for his provocative ideas that ultimately speak to what can make humans less stressed and more pleased with their lives.
His work challenges us to think outside the box about the potential of humanity, and to abandon our preconceived notions of what will make us happy.ĭrawing on psychological research into the differences between human and animal cognition, and human happiness and decision making, Schwartz’s theories have shaped the ideas behind his extensive body of work. In it, there is less choice, less rules, and there are less faulty ideas about human nature.
Writer and psychologist Barry Schwartz has a vision for our future. ― Barry Schwartz, The Paradox of Choice: Why More Is Less “When products are essentially equivalent, people go with what’s familiar, even if it’s only familiar because they know its name from advertising.”
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