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We are thrilled to talk to Barry Schwartz today about his book, The Paradox of Choice: Why More is Less. Barry Schwartz is an emeritus professor of psychology at Swarthmore College and a visiting professor at the Haas School of Business at Berkeley. He has spent fifty years thinking and writing about the interaction between economics, psychology, and morality. He has authored several books that address aspects of this interaction, including The Battle for Human Nature, The Costs of Living, The Paradox of Choice, Practical Wisdom, and most recently, Why We Work. Schwartz has written for sources as diverse as The New York Times, The New York Times Magazine, the Chronicle of Higher Education, Slate, Scientific American, The New Republic, the Harvard Business Review, and the Guardian. He has appeared on dozens of radio shows, including NPR's Morning Edition, and Talk of the Nation, and has been interviewed on Anderson Cooper 360 (CNN), the PBS News Hour, The Colbert Report, and CBS Sunday Morning. Schwartz has spoken four times at the TED conference, and his TED talks have been viewed by more than 25 million people. Find Paradox of Choice and all of his books on amazon.
Chapter 1 Reveal the true moral of The Paradox of ChoiceThe Paradox of Choice: Why More is Less is a book written by Barry Schwartz, a psychologist and professor. The book explores the concept that while having numerous options and choices may seem like a positive thing, it can actually lead to stress, anxiety, and dissatisfaction.Schwartz argues that in modern society, people are faced with an overwhelming number of choices in almost every aspect of their lives, from consumer goods to career paths to relationships. While having choices can provide a sense of autonomy and freedom, it can also create a burden of decision-making.The Paradox of Choice suggests that when faced with too many options, individuals may find it difficult to make a decision and often experience regret or have higher expectations for the chosen option. This can lead to a decrease in overall satisfaction and can even result in decision paralysis or avoidance.Schwartz proposes that simplifying choices and reducing the number of options can actually lead to more satisfaction and happiness. He presents strategies for managing the paradox of choice, such as setting reasonable expectations, limiting choices, and focusing on what truly matters.Overall, The Paradox of Choice challenges the notion that more choices equate to better outcomes and argues for a more deliberate approach to decision-making in order to maximize well-being.Chapter 2 Shall we Read The Paradox of Choice ?The Paradox of Choice by Barry Schwartz is widely considered a good book. It offers valuable insights into the effects of having too many choices and the impact this can have on our happiness and decision-making. Schwartz explains how the abundance of choices often leads to increased stress and dissatisfaction, making it difficult to make confident decisions and appreciate the choices we have made. The book is well-researched and provides practical advice for navigating the overwhelming amount of options in our daily lives. However, as with any book, its value may depend on personal preferences and interests.Chapter 3 Key Points of The Paradox of Choice"The Paradox of Choice" by Barry Schwartz explores the impact of having too many options on both our well-being and our ability to make decisions. Schwartz argues that while having choices is generally seen as a positive thing, the overwhelming number of choices available in modern society often leads to dissatisfaction and regret.The book begins by discussing how the abundance of choices can lead to decision paralysis. With so many options available, individuals may become overwhelmed and struggle to make a decision. They may constantly second-guess their choices, fearing that they may have made the wrong one. This can lead to a constant state of stress and anxiety.Schwartz also highlights the idea that the more options we have, the higher our expectations become. With so many possibilities, we expect to find the perfect choice that will meet all of our needs and desires. However, this leads to an endless search for the "best" option and a constant feeling of disappointment when our expectations are not met.Additionally, the book delves into the idea that too many choices can actually diminish our satisfaction with the choice we eventually make. When there are numerous alternatives available, we often question whether we could have made a better decision. This constant comparison leads to a sense of regret and dissatisfaction, even if we initially felt confident about our choice.Schwartz also explores the impact of choice on our well-being and happiness. He...
In this episode, I was privileged to be able to sit down with Donna Weber, who literally wrote the book on Onboarding (called Onboarding Matters). The book itself is a fantastic resource for leaders and ICs alike and is aimed at driving a consistent language within an org to ensure that everyone is working together towards positive onboarding outcomes.Our conversation doesn't just revolve around onboarding however and delves into all sorts of interesting topics related to digital cs:How digital motions should assist your high touch CSMs be more efficient and be the specialistsStart your digital motions where your repetition existsDeploying technology before you're ready for itThe Orchestrated Onboarding Framework in featured in the bookFocus on handoff from sales to onboarding and transferring of informationHybrid CS and some examples for integrating digital motions in your human motionsPutting yourself into the shoes of your customerProviding context to your customers at all times so that they know where they are in the journey at all timesFavorite quote from this episode: "Systemize the predictable so that you can humanize the exceptional!"This conversation was both fun and informative and I hope you enjoy it. I know I sure did...Donna's LinkedIn: https://www.linkedin.com/in/donnaweb/Website: https://www.donnaweber.com/Resources Mentioned in this Episode:Books: Onboarding Matters: How Successful Companies Transform New Customers Into Loyal Champions by Donna Weber - https://amzn.to/3QEVbNmThe Paradox of Choice: Why More is Less by Barry Schwartz - https://amzn.to/46NZUBXA More Beautiful Question: The Power of Inquiry to Spark Breakthrough Ideas by Warren Berger - https://amzn.to/49gZ9CPThe ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller & Jay Papasan - https://amzn.to/46PxNCmSupport the show+++++++++++++++++Listener Submissions:If you'd like to call in with commentary or a question to be addressed in a future episode, call our submission line at +1 (512) 222-7381. Leave us a 2-3 minute message with your comment or question using either your real name or a pseudonym, and we'll feature your clip on the show!Like/Subscribe/Review:If you are getting value from the show, please follow/subscribe so that you don't miss an episode and consider leaving us a review. Website:For more information about the show or to get in touch, visit DigitalCustomerSuccess.com. Buy Alex a Cup of Coffee:This show runs exclusively on caffeine - and lots of it. If you like what we're, consider supporting our habit by buying us a cup of coffee: https://bmc.link/dcspThank you for all of your support!The Digital Customer Success Podcast is hosted by Alex Turkovic
Let's Parent on Purpose: Christian Parenting, Marriage, and Family Talk
Where the Bible is clear about God's will, we must obey. But what about the thousands of choices we have in life where there doesn't seem to be specific clarity in God's Word? Do we pause and wait to hear the voice of the Lord? What about the people who seem to constantly say “God told me this?” Are we not walking with Jesus because we don't have a steady stream of “God told me this?” As we continue our series Knowing and Doing God's Will, Jay highlights the many tools God has given us to make wise choices in areas where there are not specific commands from the Lord in Scripture. Borrowing the wisdom of Gary Freison and his book “Decision Making and the Will of God”, Jay walk through the different gifts God has given us that can serve as guideposts for decision making. Listen as Jay shares how we can make wise decisions using The Bible An Open or Closed Door Mature Council A Fleece Inner Peace or Tension An alignment of passion, skills, and opportunity Common Sense With these gifts, God has given us plenty of resources to make healthy, wise, God-honoring decisions every day of our lives. Resources mentioned: The Paradox of Choice: Why More is Less by Barry Schwartz https://amzn.to/45qZ8ub The Seven Checkpoints for Youth Leaders by Andy Stanley: https://amzn.to/3ICSfw1 Decision Making and the Will of God https://amzn.to/3otDepG Support Let's Parent on Purpose through your Tax Deductible Giving Join my Things for Thursday Email List and get a free Marriage Snapshot Tool and Fun Family Conversation Ebook! Connect with Jay: Instagram: https://www.instagram.com/letsparentonpurpose Facebook: https://www.facebook.com/letsparentonpurpose Twitter: https://www.twitter.com/jaydholland
Let's Parent on Purpose: Christian Parenting, Marriage, and Family Talk
One of the great paradoxes of life is that more choices don't always lead to a happier life. Never ending choices can be paralyzing. Additionally, many choices give the illusion of freedom on the front end but ultimately lead to entrapment, slavery, and devastating consequences. As we continue our series on Knowing and Doing God's Will, today Jay takes about surprising principle: “Maximum Freedom is Found Under God's Authority”. Jay discusses how there is a beauty in God's word of eliminating the pressure of unending choices. Additionally, he shows how what may first appear restriction actually produces a greater degree of freedom. When we choose to seek and honor God's will in our lives, we are free from many of the devastating consequences of sin, including disease, regret, and destructive relationships. By submitting ourselves to the authority of God's word and limiting our choices to those God permits, we experience a far greater joy and satisfaction in life, as well as the anticipation of eternal reward for a life that's pleasing to God. Resources mentioned: The Paradox of Choice: Why More is Less by Barry Schwartz https://amzn.to/45qZ8ub The Seven Checkpoints for Youth Leaders by Andy Stanley: https://amzn.to/3ICSfw1 Decision Making and the Will of God https://amzn.to/3otDepG Support Let's Parent on Purpose through your Tax Deductible Giving Join my Things for Thursday Email List and get a free Marriage Snapshot Tool and Fun Family Conversation Ebook! Connect with Jay: Instagram: https://www.instagram.com/letsparentonpurpose Facebook: https://www.facebook.com/letsparentonpurpose
In this episode, Laura, Michael and Tessa spoke with Dr. Barry Schwartz on a myriad of topics including purpose, types of motivation, the rise of social media, and the future of higher education. Barry Schwartz PhD has had a prolific career in academia, and authored many books on the intersection of economics and psychology. He has taught undergraduate students at Swarthmore College for over 30 years, and has more recently taught at UC Berkeley, Hass. If you'd like to explore Barry's books he mentions in this episode, here is a quick list: - The Battle for Human Nature - The Costs of Living - The Paradox of Choice: Why More is Less - Practical Wisdom - Why We Work Enjoy!To stay connected and continue the conversation, be sure to follow us on LinkedIn.And don't forget to check out our previous episodes for more tips and strategies to boost your workplace happiness. You can find them on your favorite podcast platform or on our website.If you have any questions, comments, or topic suggestions for future episodes, please reach out to us. We'd love to hear from you!Stay inspired, stay motivated, and stay happy at work!
The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics
Today is all about the aversion that humans have to uncertainty and ambiguity, our fear of the unknown, and how it can cause us to choose something we are familiar with even though it may not be in our best interest. While this can often align with risk aversion, they are not the same thing, and while they do often correlate, they don't have to. More on that, and of course, loss aversion and inequity aversion – all the aversions – on the show today, but because this is a concept I'm guessing you'll “get” pretty easily, there is less on the research studies (they are linked in the notes). That leaves the bulk of the episode to focus on how this applies to you in two aspects of business: internal communication and customer experience. Ready? Let's get started. Show Notes: [00:43] Today is about the aversion that humans have to uncertainty and ambiguity, our fear of the unknown, and how it can cause us to choose something we are familiar with even though it may not be in our best interest. [02:38] The most important thing to know is that we don't like the unknown. We don't like uncertainty in our choices and will prefer known risks over unknown risks. And also, because our brains are lazy and rely on rules of thumb, we often will avoid making complex (and not so complex) calculations. [03:39] Consider the stock market. This can have unknown risks and so people can feel hesitant to put their money there even when the probabilities and rates of return are relatively known over time. [05:30] As with everything, when you present information, how you talk about it matters more than what you are saying. Frame the information you present to highlight what IS known to make it easier for someone to see the positive. (Note: don't gloss over important risks or problems. Use good judgment.) [07:47] When you are presenting a change at work, there are so so so many variables at play, and if you leave a lot of uncertainty and ambiguity – say you share too early or in an incomplete way – there is a good chance people will rebel against that unknown future state. [09:17] A real problem that happens a lot (and is unfathomably detrimental to change initiatives at work), is when someone is given ambiguous information and they feel the need to get their own brain relief by reducing their own mental burden (and wanting someone to help fill that void) in a way that they will find any possible way to justify telling someone (or in some cases, many someones) to cover up that uncertainty. [11:26] As George Lowenstein proposed, “Curiosity is like an itch on the brain and we need anything we can find to scratch that itch.” When there is information to be found, we can fill the gap with learning. When there isn't like in these scenarios, it can be gossip, fear, and doomsday-style planning for the worst, which will cause people to rebel against the potential future before it even has a chance to bloom. [12:55] Everyone on your team needs to be trained on how to share the information and when, and make sure the message is properly framed with regard to all the ambiguous pieces that could cause people to revert to the known instead of the unknown. [14:19] Melina shares some questions you can ask yourself to help determine when it is the right time to share information. [15:38] Just forcing yourself to take a step back and a calming breath as you consider what is really happening can be so helpful. You may want to get out and take a walk or sleep on it or whatever else you do to gain perspective. [18:35] Sharing too much information can cause overwhelm as well, which is stressful and creates its own avoidance, so it is about sharing the right information in the right way at the right time to the right people. Remember that “fair” isn't always equal, and different people need to hear different information at different times. [19:50] The early days of Covid are such a perfect case study for what happens when we feel uncertainty and a lack of control. When people feel a lack of control and like they can't do anything to protect themselves or their families, they may strive to find control in other areas – like hoarding toilet paper. It feels like you are doing something, and can reduce some of that stress. [21:59] Time moves differently on the two sides of a decision in ambiguous times. This presents a big communication problem and disconnect that teams need to pay attention to if they want to be effective. [22:51] The “no update update” can be really helpful for companies. I know you want to wait until everything is perfect to share, but that rumor mill is going to be piling up in a way that is working against you and you owe it to your employees to help relieve some of that stress. [25:30] “No update updates” can be really helpful to diffuse some pressure when there is a lot going on and things are scary on the other side of the decision, but you can't do too many “no update updates” in a row without it starting to be a new problem… [28:06] Let's look at the customer experience side. We like to think people want a lot of choices and to be treated as individuals with very unique experiences. While that can be true, there is also a real issue with the ambiguity side of things if we allow ourselves to rest on the easy answer of “it's custom.” [29:56] When people feel uncertain, they are more likely to look to what others like them do in this situation, so testimonials, social proof, and case studies are all your friends in fighting ambiguity aversion. You don't want or need to share all the nuts and bolts, but at least let them know that there is a process. [32:02] You owe it to your clients and customers to take the time to make this as easy and streamlined as possible – and the benefit is it will make it easier for people to choose you and do business with you. [32:29] Melina's closing thoughts [35:02] Adapting your lenses and looking from multiple angles and depths is really important to make that possible, which is why an episode like this is so valuable. Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show. I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Join the BE Thoughtful Revolution – our free behavioral economics community, and keep the conversation going! Learn and Support The Brainy Business: Check out and get your copies of Melina's Books. Get the Books Mentioned on (or related to) this Episode: What Your Employees Need and Can't Tell You, by Melina Palmer The Paradox of Choice, by Barry Schwartz Sludge, by Cass Sunstein Nudge, by Richard Thaler & Cass Sunstein Friction, by Roger Dooley Top Recommended Next Episode: Inequity Aversion: That's Not Fair! (episode 224) Already Heard That One? Try These: Availability Bias (ep 15) Familiarity Bias (ep 149) Status Quo Bias (ep 142) Loss Aversion (ep 9) Framing (ep 16) Bikeshedding (ep 99) Planning Fallacy (ep 114) Paradox of Choice: Why More is Less (ep 171) Sludge: What It Is and How to Reduce It (ep 179) NUDGES & Choice Architecture (ep 35) Other Important Links: Brainy Bites - Melina's LinkedIn Newsletter RISK, AMBIGUITY, AND THE SAVAGE AXIOMS The Itch of Curiosity Ambiguity (uncertainty) aversion Treatment decisions under ambiguity
Valgets paradoks bygger på en del studier som antyder at vi tror at mange valg er et ubetinget gode, men så viser det seg at det ofte forringer livskvaliteten vår på mange måter. I stedet for at mange valg gjør folk glade og gir en følelse av å få det de vil uten videre motstand, kan mange valgmuligheter forårsake stress og problematisere beslutningstaking. Barry Schwartz skrev om de negative konsekvensene av å ha for mange alternativer i sin bok fra 2004, The Paradox of Choice: Why More is Less. Schwartz hevdet at en overflod av alternativer faktisk kan føre til angst, ubesluttsomhet, lammelse og misnøye.Intuitivt ser det ut til at det å ha et stort antall alternativer burde bety at folk til slutt kunne ta et valg som tilfredsstilte dem. I praksis kan imidlertid et stort utvalg av varer med en rekke fordeler og ulemper gjøre det svært vanskelig for folk å velge blant dem. Den vanskeligheten kan forårsake en slags mild angst som vedvarer mens de vurderer alternativer, og dette kan forlenger prosessen med å velge langt utover det som er berettiget for situasjonen. Som en konsekvens kan beslutningsprosesser bli treg, tvilsom og eventuelt stoppe helt opp. Videre, når valgene deres er tatt, kan alle valgmulighetene fortsatt forårsake stress ved at man bekymrer seg for at man tok feil avgjørelser.Schwartz diskuterer to stiler av beslutningstakere som ble identifisert av psykolog Herbert A. Simon på 1950-tallet: maksimere og de mer tilfredse. En maksimerer er en som er drevet til å gjøre det best mulige valget, noe som kan bety at de må vurdere alternativer uttømmende og likevel – paradoksalt nok – kan være mindre fornøyd med sitt endelige valg enn noen som har lagt mindre energi i sine valgprosesser. Det sistnevnte begrepet, som Schwartz kaller satisfiers, er et sammendrag laget av ordene tilfredsstille og tilstrekkelig. Tilfredsstillere er pragmatiske individer som er fornøyde med å velge alternativer som tilfredsstiller deres krav – de kaster ikke bort tid på å overtenke alternativene eller angre på valg som allerede er tatt. Det interessante er at de som er veldig opptatt av å ta gode valg, faktisk tar bedre valg. De har for eksempel litt bedre jobber med litt høyere lønn, men samtidig viser forskningen at disse menneskene er mindre tilfredse min livet sitt, jobben sin og situasjonen de befinner seg i generelt. De som ikke er så opptatt av å velge det beste, men slår seg til ro med godt nok, har litt dårligere jobber og litt mindre lønn, men de er mer tilfredse med livet. Det er interessant, og det er interessant å reflektere over hva valg egentlig gjør med oss. Nettopp det skal vi gjøre i dagens episode av SinnSyn. Velkommen skal du være! Få tilgang til ALT ekstramateriale som medlem på SinnSyns Mentale Helsestudio via SinnSyn-appen her: https://www.webpsykologen.no/et-mentalt-helsestudio-i-lomma/ eller som Patreon-Medlem her: https://www.patreon.com/sinnsyn. For reklamefri pod og bonus-episoder kan du bli SinnSyn Pluss abonnent her https://plus.acast.com/s/sinnsyn. Hosted on Acast. See acast.com/privacy for more information.
The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics
Today's episode is all about the brainy benefits of gratitude. At the end of the year, I always like to do episodes about reciprocity, gratefulness, happiness, and planning…and this year is no different. One thing that is new this year, is that we have two episodes a week including our Tuesday refreshes so this episode from November 2019 on the brainy benefits of gratitude gets another day in the sun. I really enjoy this episode as it looks at the difference between happiness and gratitude and how they might not work the way we think they should (which you will of course learn all about in the episode today). Here's something to think about as we start the episode: Do you have to get what you want to be happy? Is synthesized (or manufactured) happiness the same as natural happiness? What is best for your overall psyche and those around you? Keep that in mind as you listen, and share your thoughts with me on social media! Show Notes: [00:39] Today's episode is all about the brainy benefits of gratitude. [01:55] Gratefulness and reciprocity have an important thing in common, a tie that can bond them together which is a feeling of happiness and joy. Doing things for others or giving things away can make you feel happier. [04:09] Our brains systematically misjudge what will make us happy. [05:36] Dan Gilbert tells about how people don't know what will make them happy. One of the most important things the human brain does is allow to synthesize the future, imagine what is to come, and predict how we should act for the best possible outcome. [06:29] Natural happiness is a product of getting exactly what you want. [06:41] Synthetic happiness is what we get when we don't get what we wanted. Synthetic happiness, not getting what you want but still being happy about where you are is just as enduring and every bit as real to the brain as if you got exactly what you wanted or thought you wanted. [09:36] A fascinating example using Monet paintings to show how our preferences change. You can be grateful, appreciate things, and have them make you happier even if you don't remember going through the process before. [10:09] We think we will be happier if we have more options or choices but there is such a thing as too much choice. Freedom to choose is the opposite of happiness. [11:20] Those who were stuck and had no room for deliberation after the fact were much happier than those that had the option to ruminate. Those who were stuck had no reason to ruminate and counterfactualize and were considerably happier. [13:00] Not getting what you want can make you just as happy or happier than if you had gotten what you set out for. Synthesized happiness is the same as natural happiness. Lots of choices and opportunities to ruminate are a recipe for unhappiness. [14:23] Gratefulness goes first. [15:07] The benefits of gratitude filtering can impact all areas of your life in a positive way. When you are filtering for gratitude you are resetting the way your subconscious is looking at the world around you. [16:50] It is important to write gratitude by hand when you can. Writing things by hand has tons of benefits. [17:41] One reason writing by hand does all these things is because it forces you to slow down and be thoughtful. Your brain pays more attention to things you write down. [18:38] Gratitude can also improve relationships. Sharing the good makes it easier to share the bad allowing for growth and progress together. [20:08] It is time to filter for gratitude and start writing what you are grateful for. [20:12] Melina's closing thoughts Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show. I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Join the BE Thoughtful Revolution – our free behavioral economics community, and keep the conversation going! Learn and Support The Brainy Business: Check out and get your copies of Melina's Books. Get the Books Mentioned on (or related to) this Episode: Stumbling on Happiness, by Dan Gilbert The Paradox of Choice, by Barry Schwartz The Happier Hour, by Cassie Holmers Tiny Habits, by BJ Fogg Good Habits, Bad Habits, by Wendy Wood Top Recommended Next Episode: Paradox of Choice: Why More is Less (episode 171) Already Heard That One? Try These: Reciprocity (episode 23) Get Your D.O.S.E. of Brain Chemicals (episode 123) The Littery - Interview with CEO Michael Manniche (episode 75) Counterfactual Thinking (episode 68) Prefactual Thinking (episode 71) Expect Error: The "E" in NUDGES (episode 39) Priming (episode 18) How to Set, Achieve & Exceed Brainy Goals (episode 70) The Power of Habit (episode 22) Framing (episode 16) Confirmation Bias (episode 102) Focusing Illusion (episode 89) Other Important Links: Brainy Bites - Melina's LinkedIn Newsletter The Surprising Science of Happiness Dan Gilbert TED2004 What Does It Take To Be Grateful? In Praise of Gratitude 5 Reasons Writing by Hand Is Good for the Brain and for Well-Being Three Ways That Handwriting With A Pen Positively Affects Your Brain 9 Incredible Ways Writing By Hand Benefits Our Bodies And Brains How Arianna Huffington, Tony Robbins and Oprah Winfrey Use Gratitude as a Strategy for Success
What does freedom mean to you? How much freedom do you have and enjoy? Freedom, fulfilment and happiness seem to be what we are all chasing – but what does freedom really mean? Freedom for me is having the choice to do what I like, when I like, where I like with who I like. It is about choice. On one hand, we have never had so much freedom of choice. But at the same time, our level of perceived happiness seems to be decreasing and there has never been a higher growth in the incidence of anxiety and depression. So today I want to explore this conundrum in some detail, drawing on Barry Schwartz's excellent observations and insights from his book ‘The Paradox of Choice – Why More is Less', and share some strategies on how you can fully enjoy your freedoms without suffering some of the apparent side effects. *This is a re-post of Get Invested episode 98* Know How Next Step: Personal Solution Session With Bushy Whether you're a first time property investor or an experienced player, knowing the next step on your investment journey is critical. To help you make the right move, wherever you're at, book an hour of power personal session with Bushy to discuss any questions, queries or issues about investment strategy, lifestyle goals, finance or property portfolio delivery. It costs just $295 to get expert advice from Bushy about your next step. Just click here to get started - choose 'Property Pathway Finder' and our team will be in touch. Three easy ways to Get Invested right now: 1. Subscribe to this podcast now, if you haven't already, and get the inspiration delivered to your podcast feed each week 2. Get a copy of my book, Get Invested, for FREE, and find out what it takes for you to invest in living more, working less. Go to: https://knowhowproperty.com.au/get-invested-free-ebook 3. Join the Get Invested community. Each month Bushy sends a free and exclusive monthly email full of practical ‘Self, Health and Wealth' wisdom that our current Freedom Fighter subscribers can't wait to get each month. Just visit bushymartin.com.au, scroll to the bottom of the page and sign up. About Get Invested, a Property Hub show Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth' potential. Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia's most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them. Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia's top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and Google Podcasts to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia's top online property show for red hot property investing news and insights direct from property industry leaders and influencers. Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia's largest independent podcast network DM Media. For business and partnership enquiries, send an email to: antony@dm.org.auSee omnystudio.com/listener for privacy information.
Tom and Katharine discuss our response to the explosion of choice faced by the modern consumer: the return of the intermediary, offering advice, direction and editorial input. Why do we value influencers? What role for AI in the future of our decisions on music, travel and finance? Find out in this episode. Note: the book reference in the episode is Barry Schwartz's 'The Paradox of Choice - Why More is Less' from all the way back in 2004: https://en.wikipedia.org/wiki/The_Paradox_of_Choice
Psychologist, author, researcher and professor Barry Schwartz joins Tim to talk about his landmark book called Paradox of Choice: Why More is Less. While Barry has written several books and is a popular public speaker, this book is about how having more choice may not be all it's cracked up to be. In this episode, he discusses the balance between having the freedom of choice and the potential to be held captive by having too much choice. https://traffic.libsyn.com/secure/shapingopinion/Paradox_of_Choice_auphonic.mp3 In the Preface to his book called, “The Paradox of Choice,” Barry Schwartz sums it up quite well. The more freedom we have, the more well-being we have. The more choice we have, the more freedom we have. Freedom is a good thing. Freedom and choice go together. In America, freedom is considered the “highest good.” the more freedom we all have the better off our society is, so when the government wants to restrict our freedom, we make it work hard to justify the imposition. As Barry says, “Freedom without choice is completely hollow.” To be sure, Barry says that people are not perfect “rational choosers.” In other words, we don't always make the best choices for the best reasons at the best times. Sometimes, we make bad decisions. Barry believes that having unlimited freedom of choice is not without its problems. This is a subject he's researched extensively, written about extensively, and talked about extensively. And for Barry Schwartz, it all started when he wanted to buy a new pair of blue jeans. Please Thank Our Sponsors Please remember to thank our sponsors, without whom the Shaping Opinion podcast would not exist. If you have the need, please support these organizations that have the same taste in podcasts that you do: BlueHost Premium Web Hosting Dell Outlet Overstock Computer Center Philips Hue Smart Home Lighting Links The Paradox of Choice, by Barry Schwartz (Amazon) Barry Schwartz Bio, Swarthmore College About this Episode's Guest Barry Schwartz Barry Schwartz is the Dorwin P. Cartwright Professor of Social Theory and Social Action at Swarthmore College. His work explores the social and psychological effects of free-market economic institutions on moral, social, and civic concerns. In his book The Costs of Living: How Market Freedom Erodes the Best Things in Life, Schwartz finds that market values undermine morals and community-building. More generally, Schwartz is able to discuss the much-cited hostility in public life in America, which he believes is related to the erosion of community-oriented values in the market-obsessed society. In his oft-cited The Paradox of Choice: Why More is Less, he examines the often-paralyzing effects on consumers of a marketplace offering a bewildering array of choices. Schwartz, who received his Ph.D. from the University of Pennsylvania in 1971, has been awarded several grants by the National Science Foundation over the last three decades. In addition, he is a member of Phi Beta Kappa, and the American Psychological Society, and a Fellow of the American Psychological Association.
The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics
A few months ago, in episode 162 you got to hear from Leidy Klotz about his fantastic new book Subtract, which is based on this question of why we humans look to add first when often subtracting can be a better option. It is a little bit of minimalism/essentialism and a really great episode to help people overcome loss aversion and see that, as he says, “less is not a loss,” such a cool insight. Anyway, while he and I were doing our pre and post-interview chat, he mentioned that his friend and colleague Eric Johnson had a book coming out soon called The Elements of Choice and that I should talk with him about it, so here we are. Dr. Johnson is not a newbie to the space by any means, as you will hear in the interview. He has had the opportunity to work and train with some of the most notable names in the field, including Herbert Simon, Amos Tversky, as well as his friends Richard Thaler and Cass Sunstein. He is the Norman Eig Professor of Business and the Director of the Center for Decision Sciences at Columbia Business School. He has been the president of both the Society for Judgment and Decision Making and the Society for Neuroeconomics. He has decades of experience and definitely knows his stuff, which is one of the many reasons I was so honored to chat with him and share the conversation with you. Show Notes: [00:07] In today's episode I'm introducing you to Dr. Eric J. Johnson, author of the brand new book, The Elements of Choice. [03:57] Eric shares his background and how he got into the field. His research has always been about helping people make choices and how the way we present information to them affects their choices. [05:40] He was fascinated with the choices he observed people making. [07:06] Eric shares research from a former student of his. She implemented the health records systems at a major New York hospital. [09:18] Memory played an important role in the doctor's behavior in her research. [11:31] When you put in the time to plan the architecture upfront, the actual intention itself can be very small. Designers often have more influence than they realize. [12:42] He shares his research about taking different doors at the Copenhagen airport. [14:06] Little bits of effort at the beginning of the decision have an influence throughout the course of the decision. Choice architecture usually works by favoring one path over another. [16:10] If I know exactly what you want I would give you just one option, but the person making the choice knows a lot about themselves so they often know more about what they want. [18:10] There is a trade-off between how much you are asking of people (in terms of deciding) and how much variety you need to give them so they can find the option that is best for them. [20:45] Choice is not determined by myself and my preferences alone. [21:38] We are all designers all the time. [23:14] Order will have an influence depending on your medium. There are many other things as a designer to think about also. [24:50] Defaults are powerful. Eric and Dan Goldstein researched defaults in organ donations. [27:07] Not all situations are the same, so you really need to look across all the studies and understand your own situation and context. [28:44] Our preferences aren't written in stone. We have many preferences. Depending on what comes to mind, I might make different choices. [29:36] Eric shares one of his favorite studies where they ask people about climate change and would they pay a carbon tax (or carbon offset) to fight climate change. [32:26] One study is not enough to actually build a science. We need to do cross studies. [35:16] Eric shares how choice architecture can affect COVID vaccinations. [38:00] Defaults work because they endow you with the option. You think less about the disadvantages. [39:26] The decisions of our privacy and cookies are decisions we make multiple times a day. [40:32] Choice architecture and designers have amazing influence. Hopefully, people will design in ways they want to be designed to. [41:46] Melina shares a study about trying to influence people to take the stairs instead of riding the elevator. [43:31] Defaults are everywhere. They save us effort by not having to make a decision every time. [46:16] Melina shares her closing thoughts. [47:44] The more you know about someone, the fewer choices you can provide to them. When you have no idea who your customer is – what they like, what the context is of them finding you, why they are there, what needs they are looking to fill or problems they need to solve, you then have to present a whole bunch of choices, which can make it harder for them to make a decision. [50:33] Melina's award-winning first book, What Your Customer Wants and Can't Tell You is available on Amazon, Bookshop, Barnes & Noble, Book Depository, and Booktopia. Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show. I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Join the BE Thoughtful Revolution – our free behavioral economics community, and keep the conversation going! More from The Brainy Business:
Jeannie Stith is the founder and CEO of Color Guru. She and her team help people look better, shop smarter, and create a coordinated wardrobe simply by discovering our best colors according to our hair, skin, and eye color. They have created a unique color analysis system that offers the most accurate color results available online. "It was freeing that I could actually go to the store and everything wasn't an option. That to me felt like freedom... it's this way that our brains work. We really need some limitations. And when it comes to shopping for clothes there are just so many options that some sort of boundaries are helpful for most of us." Join us for an inspiring discussion about the power of color that goes deeper than you might expect. Here are the details of this episode: Why we need to give ourselves permission to care about how we look on the outside (because it totally affects how we feel on the inside) The three key elements of fashion: color, shape & personal style (in that order of importance) The cure to "closet overwhelm" (hint: knowing your color palette is the key to simplifying & figuring out "what to wear") How genuine body acceptance starts with getting to know your body shape (and which clothes work for it) And a lot more... Links Jeannie's book recommendations: Outrageous Openness: Letting the Divine Take the Lead, by Tosha Silver & The Paradox of Choice: Why More is Less, by Barry Schwartz How can you use color to attract your committed, masculine man? Some tips from the color gurus Get 10% off any Color Guru services with the code "Claimed"
In his 2004 book The Paradox of Choice: Why More is Less, American psychologist, Barry Schwartz, suggested that it is possible to have too much of a good thing, including choice. Now, around Australia we are testing that theory, with much of our freedom of choice taken away. The freedom to choose where we go, where we eat, where we socialise and even who we socialise with has been removed as our worlds shrink further under more onerous lockdown restrictions. But when the world eventually return to normal, will the return of choice make us happier? Or will the buffet of choice between restaurants, places to visit and things to do leave us with analysis paralysis and decision fatigue. Today on Please Explain, senior economics writer Jessica Irvine joins Nathanael Cooper to discuss whether there can be too much choice. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information.
In his 2004 book The Paradox of Choice: Why More is Less, American psychologist, Barry Schwartz, suggested that it is possible to have too much of a good thing, including choice. Now, around Australia we are testing that theory, with much of our freedom of choice taken away. The freedom to choose where we go, where we eat, where we socialise and even who we socialise with has been removed as our worlds shrink further under more onerous lockdown restrictions. But when the world eventually return to normal, will the return of choice make us happier? Or will the buffet of choice between restaurants, places to visit and things to do leave us with analysis paralysis and decision fatigue. Today on Please Explain, senior economics writer Jessica Irvine joins Nathanael Cooper to discuss whether there can be too much choice. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information.
What happens when you confine an animal in a box with nothing to do but push a lever to disperse food? According to a study by the American psychologist B.F. Skinner, he discovered that the caged animal would most likely press the lever vigorously. How does this relate to human work environments?Barry Schwartz, psychologist, author, and professor analyzes and dissects factors that affect people's motivation for satisfactory work in his book entitled Why We Work. Barry and host Greg LaBlanc explore the psychological and economic factors that influence one's attitude toward working in this episode. They discuss how choices affect people, finding the sweet spot for altruistic work, and putting a roof over employees' heads. Tune in to the end of the podcast to hear what he has to say about how educators can develop better character traits in students.Episode Quotes:His simplified version of Skinner's study and a starting point to consider reading Why We Work: “They press their metaphorical lever over and over again, hundreds of times an hour, thousands of times an hour. And, they do it for a wage. Why else would any sane human being do that work except to get paid? But, it doesn't follow from it. You know, if you give people work to do that no sane person would do. Of course, the only reason I'll do it is to get paid. But is that the way work should be? Is it possible to design workplaces that are not like assembly lines?”His advice to enterprises and businesses on hiring, building the team, and team culture? “If you are running a company and you want to recruit the best people, you can't do it by dangling stock options. You just can't, they won't work for you. They'll work for somebody who also gives them some stock options, but for whom they feel at the end of the day, they don't have to take a shower and scrub the grime off their souls.”What kind of work environment will help people thrive? “You want to make sure that the sort of concrete constraints managing to sustain a viable organization, don't completely take over the mission. So that they at least continue to co-exist.”Show Links:Barry Schwartz Profile at SwarthmoreBarry Schwartz at TEDSkinnerian Psychology as Factory PsychologyWhy We WorkPractical WisdomThe Paradox of Choice: Why More is Less
This episode is all about when life feels entirely out of control. Previous episodes have focused on learning to live life through the lens of "discovery." The problem is that when life feels upside down, "life as discovery" is meaningless. What first needs to happen is to stop drowning! This episode is all about how to patch the gaping holes of life so we can get our boat afloat again.Please consider supporting this podcast:Give monthly (as little as $5 a month) on our Patreon Page - https://www.patreon.com/ltrGive a one time gift through Venmo at @mattboettgerGive a one time gift through PayPal here - https://paypal.me/mattboettgerThings Discussed In Episode (some links may be affiliate links where I receive a small commission for the recommendation) :Boundaries Updated and Expanded Edition: When to Say Yes, How to Say No To Take Control of Your Life by Henry Cloud and John TownsendDecisive: How to Make Better Decisions in Life and Work by Chip and Dan HeathThe Paradox of Choice: Why More is Less by Barry SchartzThe Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing by Marie KondoLiving the Real, Episode 9: Making Molehills out of MountainsFinancial Peace University by Dave RamseyThe ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary KellerSupport the show (https://www.patreon.com/ltr)
Derrick Jaxn Exposed after Cheating on his Wife of 4 Years! Is Religion an Excuse? You know when you feel like being triggered you come to us right? This week the boys discuss DERRICK JAXN and whether social media creates false ideals in relationships that we cannot live up to *cough* cheating *cough*. We also cover Mr Average or Mrs Normal and why the 5 or 6 out of 10's, don't get a lot of love in the streeeeeets these days. 01:20 Is there artistry in nudes & revealing outfits?, 15:25 Who is Derrick Jaxn? Is he a fraud?, 17:59 Is religion just a coping mechanism?, 22:54 Is Derrick Jaxn a narcissist?, 27:00 Does social media sell bullshit that people want to hear?, 30:58 Does lack of self awareness cause cheating?, 35:22 Men and women cheating aren't the same?, 42:52 If you lowered your standard your partner wouldn't cheat on you, 49:15 Why is being ‘normal' seen as negative?, 56:35 Does conforming to society take away your freedom?, 01:03:56 Are black police officers sell outs? Literature and events referenced in episode: -15:25 Derrick Jaxn Youtube Channel - https://www.youtube.com/user/JaxnVideos - 19:41 Subtle Art of Not Giving a Fuck by Mark Manson - 22:54 Derrick Jaxn Full Reaction Video - https://www.youtube.com/watch?v=59cUSUUiIUk - 27:45 Kevin Samuel's - https://www.youtube.com/channel/UCLjodVTY_kZzd3cQ7D82DhA - 39:02 The Paradox of Choice: Why More is Less by Barry Schwartz #TheDominoEffectPod is a weekly podcast that holds no punches, when discussing those all important controversial subjects on your mind. Yes, even the ones ‘21st Century political correctness' deem too touchy. Twitter: @thedominopod x @doneitdaley x @oba_vbe x @still1ax Instagram: @dominoeffectpod x @doneitdaley x @oba_vbe x @still1ax Tik Tok: @dominoeffectpod Email: info@thedominopod.com
Psychologists Off The Clock: A Psychology Podcast About The Science And Practice Of Living Well
Happiness is tricky. Poets, philosophers, and musicians have written about this emotion throughout history, yet most of us would struggle to define it if asked. In fact, psychologists and other mental health professionals often abandon the topic for pathology. In this episode of Psychologists Off the Clock, Yael and Tal Ben-Shahar, happiness expert and author of the best-selling book, Happier, discuss happiness and what it means to be happy in today's world. Pause a moment and take inventory of your emotions. What shows up? What's missing? Join us in this episode, and take a step toward embracing and making room for all of your emotions today! Listen and Learn: About how Debbie first came to know Tal Yael and Debbie's happiness hacks and the practices they use to build happiness in their busy livesHappiness expert Tal's definition of happinessThe differences between well-being and pleasureWhy it might be important to make room for all types of experiences (even the negative ones!)How Tal's life experiences have informed his work in the field of happinessPractical advice for teaching your kids how to embrace and make room for uncomfortable emotionsTal's wisdom for choosing your responses in uncomfortable situationsOn-the-ground practices you can use to build happiness into your busy lifeTal's evidence-based thoughts on perfectionists, optimists, and performance-based happinessAbout the most influential books Tal has read in the past year Resources: It's Okay That Your'e Not Ok (Meeting Grief and Loss in a Culture That Doesn't Understand) by Megan Devine The Paradox of Choice: Why More is Less by Barry Schwartz The Myths of Happiness: What Should Make You Happy, but Doesn't, What Shouldn't Make You Happy, but Does by Sonja LyubomirskyTal's personal book recommendations: Aristotle's Nicomachean Ethics, The Six Pillars of Self-Esteem by Dr. Nathaniel Branden, and The Power of Now: A Guide to Spiritual Enlightenment by Eckhart Tolle About Tal Ben-Shahar: Tal Ben-Shahar is an author and lecturer. He taught two of the largest classes in Harvard University's history, Positive Psychology and The Psychology of Leadership. Today, Tal consults and lectures around the world to executives in multi-national corporations, the general public, and at-risk populations. The topics he lectures on include leadership, happiness, education, innovation, ethics, self-esteem, resilience, goal setting, and mindfulness. His books have been translated into more than twenty-five languages, and have appeared on best-sellers lists around the world. Tal is a serial entrepreneur, and is the co-founder and chief learning officer of Happiness Studies Academy, Potentialife, Maytiv, and Happier.TV. An avid sportsman, Tal won the U.S. Intercollegiate and Israeli National squash championships. Today, for exercise, he swims, dances, and practices Yoga. He obtained his PhD in Organizational Behavior and BA in Philosophy and Psychology from Harvard Book Giveaway! POTC is doing another book giveaway, this on e accompanying Yael's interview with happiness guru, Tal Ben-Shahar. You can enter the drawing for a free copy of his inspirational book, Choose the Life You Want: The Mindful Way to Happiness, by: Going to Instagram and locate, like, and SAVE the giveaway postIf you don't yet follow us, please do!For an EXTRA entry, share the post to your Instagram story and tag @offtheclockpsych Related Episodes Episode 2. Hygge – Happiness and the Danish Art of Cozy ConnectionEpisode 48. Practical Wisdom with Barry SchwartzEpisode 97. The New Happiness with Matthew McKayEpisode 85. Learn more about your ad choices. Visit megaphone.fm/adchoices
Het boek van Barry Schwartz staat al jaren in mijn kast en ik heb een deel ervan ook al eerder gelezen. Vanwege mijn focus van de afgelopen paar jaar op betere beslissingen had ik het boek op de lijst gezet voor mijn onderzoek. Het was dus een goede keuze om dit te lezen voor deze Boekencastaflevering. The Paradox of Choice – Why More is Less van Barry Schwartz is een waardevol boek dat je gemakkelijk leest, ondanks de vele verwijzingen naar onderzoeken. Met de persoonlijke voorbeelden maakt Schwartz het smeuïg en tastbaar. Het boek heeft vier blokken, het vierde blok bevat praktische tips om minder stress te krijgen van al die keuze. When we chooseHow we chooseWhy we sufferWhat we can do Over het eerste deel, over de vele keuzes waar we in deze tijd mee te maken hebben, schreef ik Keuzestress voor ondernemers. Lijden onder de vele keuzes ‘Waarom we lijden' is het belangrijkste en meest uitgebreide onderdeel, de helft van het boek ongeveer. In dit deel legt Schwarz uit, aan de hand van verschillende onderzoeken, hoe we lijden door de rijkdom aan keuze op allerlei gebieden. Zo hebben we te maken met de stress van gemiste kansen. De voordelen die we zien in de betere opties die we missen wanneer we voor iets anders kiezen. Daarnaast ervaren we spijt wanneer we een keuze hebben gemaakt, of nog later, wanneer we denken dat we de verkeerde keuze hebben gemaakt, omdat we die andere opties nu missen. We lijden misschien nog wel het meeste omdat we vergelijken. We vergelijken de uitkomsten met die van anderen of met onze eigen ervaringen uit het verleden. Of we iets als een goede keuze ervaren heeft daardoor veel te maken met hoe de uitkomst zich verhoudt tot het resultaat dat we de vorige keer hadden of tot de resultaten die anderen hebben behaald. Vergelijken met je vorige keuze of met de resultaten van anderen maakt ongelukkig, maar het is moeilijk te voorkomen. Wiens fout is het? Doordat we nu zoveel keuze hebben, de vrijheid hebben om zelf te kiezen en leven in een steeds individualistischere maatschappij zoeken we de fout steeds meer bij onszelf. Bij beperkte keuze kunnen we de fout bij de omgeving neerleggen, maar nu we zelfbeschikking en zoveel keuzes hebben voelen we ons zelf verantwoordelijk voor de resultaten die we bereiken. Dit levert steeds meer depressies op. Vrijheid van keuze is goed, ontwikkeling van de zelf, maar wanneer de keuze heel groot is dan ben je zelf verantwoordelijk, ook als het mislukt. Maximizers en satisficers Als we veel keuze hebben zijn we eigenlijk ontevreden met het resultaat. Vooral maximizers hebben altijd het gevoel dat ze de verkeerde keuze hebben gemaakt, dat er een betere keuze was. Satisficers gaan voor 'goed genoeg‘ en kijken minder terug naar de andere opties wanneer ze een keuze hebben gemaakt. Dit geeft minder stress. Het lijkt erop dat we met de toename van keuzes, middelen, rijkdom en mogelijkheden steeds ongelukkiger worden. Gevoel van gelukkig zijn neemt af en het aantal depressieve mensen neemt toe. Minder stress Wat kunnen we doen om minder stress te krijgen van alle keuze die er is? Je moet je concentreren op de keuzes die er echt toe doen in jouw leven en daar tijd aan besteden. De overige keuzes moet je zoveel mogelijk automatiseren met regels en gewoontes. Ontwikkel jezelf richting een satisficer voor de meeste beslissingen in je leven. Wees tevreden met goed genoeg. Beperk het aantal keuzes en negeer de overige keuzes. Er zijn altijd betere keuzes, maar er is geen ultiem beste keuze. Genoegen nemen met goed genoeg bespaart veel tijd en energie, maar belangrijker nog: we zijn daardoor tevredener met de uitkomst van onze beslissing. Verminder de zoektocht naar het nieuwste. Het nieuwste, nog betere product vindt jou wel wanneer het echt belangrijk voor je is. Daar zorgt je omgeving wel voor, dat kun je dus loslaten. Bedenk waar je dankbaar voor bent. Schrijf bijvoorbeeld dagelijks een lijstje van vijf dinge...
Het boek van Barry Schwartz staat al jaren in mijn kast en ik heb een deel ervan ook al eerder gelezen. Vanwege mijn focus van de afgelopen paar jaar op betere beslissingen had ik het boek op de lijst gezet voor mijn onderzoek. Het was dus een goede keuze om dit te lezen voor deze Boekencastaflevering. The Paradox of Choice – Why More is Less van Barry Schwartz is een waardevol boek dat je gemakkelijk leest, ondanks de vele verwijzingen naar onderzoeken. Met de persoonlijke voorbeelden maakt Schwartz het smeuïg en tastbaar. Het boek heeft vier blokken, het vierde blok bevat praktische tips om minder stress te krijgen van al die keuze. When we chooseHow we chooseWhy we sufferWhat we can do Over het eerste deel, over de vele keuzes waar we in deze tijd mee te maken hebben, schreef ik Keuzestress voor ondernemers. Lijden onder de vele keuzes ‘Waarom we lijden' is het belangrijkste en meest uitgebreide onderdeel, de helft van het boek ongeveer. In dit deel legt Schwarz uit, aan de hand van verschillende onderzoeken, hoe we lijden door de rijkdom aan keuze op allerlei gebieden. Zo hebben we te maken met de stress van gemiste kansen. De voordelen die we zien in de betere opties die we missen wanneer we voor iets anders kiezen. Daarnaast ervaren we spijt wanneer we een keuze hebben gemaakt, of nog later, wanneer we denken dat we de verkeerde keuze hebben gemaakt, omdat we die andere opties nu missen. We lijden misschien nog wel het meeste omdat we vergelijken. We vergelijken de uitkomsten met die van anderen of met onze eigen ervaringen uit het verleden. Of we iets als een goede keuze ervaren heeft daardoor veel te maken met hoe de uitkomst zich verhoudt tot het resultaat dat we de vorige keer hadden of tot de resultaten die anderen hebben behaald. Vergelijken met je vorige keuze of met de resultaten van anderen maakt ongelukkig, maar het is moeilijk te voorkomen. Wiens fout is het? Doordat we nu zoveel keuze hebben, de vrijheid hebben om zelf te kiezen en leven in een steeds individualistischere maatschappij zoeken we de fout steeds meer bij onszelf. Bij beperkte keuze kunnen we de fout bij de omgeving neerleggen, maar nu we zelfbeschikking en zoveel keuzes hebben voelen we ons zelf verantwoordelijk voor de resultaten die we bereiken. Dit levert steeds meer depressies op. Vrijheid van keuze is goed, ontwikkeling van de zelf, maar wanneer de keuze heel groot is dan ben je zelf verantwoordelijk, ook als het mislukt. Maximizers en satisficers Als we veel keuze hebben zijn we eigenlijk ontevreden met het resultaat. Vooral maximizers hebben altijd het gevoel dat ze de verkeerde keuze hebben gemaakt, dat er een betere keuze was. Satisficers gaan voor 'goed genoeg‘ en kijken minder terug naar de andere opties wanneer ze een keuze hebben gemaakt. Dit geeft minder stress. Het lijkt erop dat we met de toename van keuzes, middelen, rijkdom en mogelijkheden steeds ongelukkiger worden. Gevoel van gelukkig zijn neemt af en het aantal depressieve mensen neemt toe. Minder stress Wat kunnen we doen om minder stress te krijgen van alle keuze die er is? Je moet je concentreren op de keuzes die er echt toe doen in jouw leven en daar tijd aan besteden. De overige keuzes moet je zoveel mogelijk automatiseren met regels en gewoontes. Ontwikkel jezelf richting een satisficer voor de meeste beslissingen in je leven. Wees tevreden met goed genoeg. Beperk het aantal keuzes en negeer de overige keuzes. Er zijn altijd betere keuzes, maar er is geen ultiem beste keuze. Genoegen nemen met goed genoeg bespaart veel tijd en energie, maar belangrijker nog: we zijn daardoor tevredener met de uitkomst van onze beslissing. Verminder de zoektocht naar het nieuwste. Het nieuwste, nog betere product vindt jou wel wanneer het echt belangrijk voor je is. Daar zorgt je omgeving wel voor, dat kun je dus loslaten. Bedenk waar je dankbaar voor bent. Schrijf bijvoorbeeld dagelijks een lijstje van vijf dinge...
Do you hate making decisions? Don't worry you don't have to decide right now. Decisions involve risk. Risk involves potential loss. And nobody likes losing. Meet the Status Quo Bias. Our guests today are Richard Shotton author of "The Choice Factory: 25 behavioural biases that influence what we buy” and Professor Barry Schwartz, author of The Paradox of Choice: Why More is Less.
In this episode we explore the ideas behind the book “The Paradox of Choice - Why More is Less” by the American psychologist and TED speaker Barry Schwartz. He argues that an abundance of choice is not necessarily making us happy or free - on the contrary, according to his research people may end up being paralysed by the huge array of possibilities or, if they eventually take a decision, they are more dissatisfied with it due to escalation of expectation and opportunity costs. This situation is accentuated for people who are “maximisers” - those who look for a perfect choice. In our conversation, we also discuss real-life implications of this theory and what are possible strategies to contrast the negative effects of this abundance of choice. // Resources //- Global Citizen - Livestream Concert: https://bit.ly/2xLzLIL - Paradox of Choice (Book): https://amzn.to/350fEm6- Paradox of Choice (TED Talk): https://bit.ly/2Y30uey // Contacts //Email: braincherriespodcast@gmail.comFacebook: braincherriespodcastYouTube: Brain Cherries// Music //Say It Again - Matt ChiappinSpotify: https://open.spotify.com/artist/4iRh1gS4j9cemxIWzs6FSy
Do you ever feel as though your marketing messages are lost in a sea of digital overwhelm for your clients and customers? If you aren’t being heard, your message dies. This has significant implications for the health of your business. Learn how to harness the primordial laws of human perception to stand out as Dr. Sabrina interviews Jamie Mustard, author of The Iconist. Jamie teaches the science of what causes anything to stand out in the modern world. Through his work, Jamie has observed the primal laws of BLOCKS™, which explain why anything stands out and endures in the mind or fails to. In his book, The Iconist: The Art and Science of Standing Out, through pop stories and comprehensive research, he shows how BLOCKS™ solve the problem of us all being made invisible as we compete for less and less available attention in a messaging and media over-saturated world. He teaches how BLOCKS™ allow anyone in any field to stand out at will based on the natural primordial laws of human perception. As host of a popular RadioActive talk show on KXL101.1 FM in Portland, OR, Jamie interviewed hundreds of designers, innovators, artists, and agents for social change who are having an impact all over the world. An avid consumer of popular culture, Jamie is a graduate of the London School of Economics. He is obsessed with the economics of attention and has consulted for Intel, Cisco, and Symantec. He breaks all this down into why we entrepreneurs need to have a simple way to get our message across in terms of marketing and branding, as well as why this is important for our teams and our overall quality of life as entrepreneurs. Prepare for an eye-opening and fascinating conversation! The Profit by Design Podcast is a Tap the Potential production in collaboration with Small Business Consulting Group. Show Highlights: In 1950, a person would be exposed to approximately 250 advertising messages in their day-to-day life. By 1970, the number of advertising messages in a day increased to around 2,000. The last time this was studied was in the late 1990s, and 5,000 - 7,000 advertising messages a day is what a person was exposed to. This was all before the internet hit full stride and before social media. Today, the number of advertising messages we are exposed to on a daily basis is estimated to be 10,000 - 15,000. A person can’t process even 1,000 of these messages, so what this means is that anybody trying to communicate is just one of tens of thousands. Jamie’s book, The Iconist, offers a solution to this very real problem. “Continuous partial attention”, a term coined by Linda Stone, who did some research for Microsoft and Apple, means that we’re being bombarded by so much information that we’re only partially paying attention. As a business owner and entrepreneur, this is a huge thing when you’re trying to get your business noticed. To be iconic is to be the first choice. Anything busy in a world overloaded with content, no matter how good it is, instantly gets discarded. People have to have an idea of who you are and what you’re offering them before they have a chance to think in their lizard-brain. Jamie discusses a chapter in his book called, “Road Signs” and how warning labels work. The book teaches you how to turn some aspect of what you do into something that has the same power as a STOP sign so you get that instant fixation. As long as there’s something behind it that’s genuine and real, people will engage further and remember you. “What is the best thing about myself that intersects with what my customer most cares about?” The answer to that question is what you present in a bold way on your website. Then, they can learn about all of your other strong points that you have to offer. “Drag" is when you’re presenting all of the busy stuff but you haven’t self-identified the best of what you have to offer that your customer is wanting. Some psychological ramifications of too much choice include paralysis, anxiety, dissatisfaction, and depression. These same psychological ramifications happen to apply to feeling like you can’t get noticed because there’s too much content around you. Science and research show that when we present complicated things with big, bold, simple imagery, it changes the way we relate to complicated information. We retain more of the information and appreciate it more. Adults crave this elementary communication even more than children do. A BLOCK™ is the anatomy of what makes something iconic. Dr. Sabrina relates how in Mike Michalowicz’s book, Profit First, the Profit First Equation of Sales - Expenses = Profit is a great example of a BLOCK™ and the way it makes the Profit First concept iconic. BREEED - Blocks Repeated Exhaustively Everywhere Equals Demand. This is the snow-ball effect. Jamie shares his poignant backstory and how he came to be interested in the subject of his book. Links and Resources: What do you need to do next to take your life back from your business? Take our Assessment at: https://www.tapthepotential.com/assessment Get the Book!! How to Hire the Best - Contractors Editionwww.TapThePotential.com/book How to Hire the Best Toolkit www.TapThePotential.com/Toolkit Get Your 2020 Action Planner Now! The Pumpkin Plan Action Planner 2020 https://www.tapthepotential.com/planner Dr. Sabrina’s WEBSITE Dr. Sabrina’s PODCAST - PLEASE RATE & REVIEW! For Resources & Tools from Sponsors - https://www.profitbydesignpodcast.com Subscribe & Share Podcasts! - https://www.profitbydesignpodcast.com/podcasts/ Facebook Group: https://www.facebook.com/groups/ProfitByDesign/ Connect with Jamie! Jamie’s Website Jamie’s Email Buy Jamie’s Book HERE Books: How to Hire the Best - Contractors Edition by Sabrina Starling, PhD How to Hire the Best: The Entrepreneur's Ultimate Guide to Attracting Top Performing Team Members by Sabrina Starling, PhD - Will be published Sep 15, 2020 The 4 Week Vacation: Work Supports Life Not the Other Way Around by Sabrina Starling, PhD - Will be published Dec 1, 2020 Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz The Pumpkin Plan: A Simple Strategy to Grab a Remarkable Business in Any Field by Mike Michalowicz The Iconist: The Art and Science of Standing Out by Jamie Mustard The Paradox of Choice: Why More is Less by Barry Schwartz
What does freedom mean to you? How much freedom do you have and enjoy? Freedom, fulfilment and happiness seem to be what we are all chasing – but what does freedom really mean? Freedom for me is having the choice to do what I like, when I like, where I like with who I like. It is about choice. On one hand, we have never had so much freedom of choice. But at the same time, our level of perceived happiness seems to be decreasing and there has never been a higher growth in the incidence of anxiety and depression. So today I want to explore this conundrum in some detail, drawing on Barry Schwartz’s excellent observations and insights from his book ‘The Paradox of Choice – Why More is Less’, and share some strategies on how you can fully enjoy your freedoms without suffering some of the apparent side effects. Get Invested is the podcast dedicated to time poor professionals who want to work less and live more. Join Bushy Martin, one of Australia’s top 10 property specialists, as he and his influential guests share know-how on the ways investing in property can unlock the life you always dreamed about and secure your financial future. Remember to subscribe on your favourite podcast player, and if you're enjoying the show please leave us a review. Find out more about Get Invested here https://bushymartin.com.au/get-invested-podcast/ Want to connect with Bushy? Get in touch here https://bushymartin.com.au/contact/ This show is produced by Apiro Media - http://apiropodcasts.com
Psychologists Off The Clock: A Psychology Podcast About The Science And Practice Of Living Well
Has Your Professional Identity Changed By Becoming A Parent? Do You Struggle Balancing An Ambitious Career With An Engaged Family Life? Are You Curious How You Could "Choose Both" A Fulfilling Career And Meaningful Home Life? Psychological research suggests the pursuit of meaning in both work and parenting is the cornerstone of happiness. However, the act of straddling an ambitious career and being a parent can be overwhelming and destabilizing. Often working parents are left feeling that they are not meeting up to expectations in either role. In this episode, Dr. Diana Hill interviews a clinical psychologist, Dr. Yael Schonbrun, on the concept of "choosing both." Dr. Schonbrun is an assistant professor at Brown University where she specializes in working with new parents and couples. She is also a mother to three young boys. Dr. Schonbrun has written on the psychology of straddling professional goals and engaged family life in the New York Times article “A Mother’s Ambitions” and blogs on the topic for Psychology Today. Dr. Schonbrun’s book is forthcoming. Resources: Outliers: The Story of Success by Malcolm GladwellMan's Search for Meaning by Victor FranklThe Paradox of Choice: Why More is Less by Barry SchwartzContact Dr. Yael Schonbrun here
In this episode (19:51) In this podcast, Sarah and Esteban discuss “the paradox of choice” and how it might apply to dog agility. You Will Learn What “the paradox of choice” is. How the paradox of choice might affect your feelings and perceptions in agility. Who may be susceptible to influence by the paradox of choice. The scariest single digit number. Mentioned Episode 3: Start Line Stays; Online Agility Classes Episode 42: The Internet, Dog Agility, and You The Paradox of Choice: Why More is Less by Barry Schwartz
Every one of us is faced with numerous decisions each day. Some of them are not optional; everyone has to do laundry, for example. Many of the choices we make could just as easily be made another way, though. What do you want to wear today? Should you brush your teeth or shower first? Should you plan on going out for drinks after work? Making all of these decisions on a day-to-day basis can be stressful, even though the decisions themselves small. In today’s podcast, Andy and Ryan are discussing how you can make a mental model, or a new way of framing thoughts, that will allow you to make decisions automatically. We call it the “hell yeah!” method, and as Andy says, it’s “one of the most freeing and liberating concepts I’ve ever run across in my life.” The basic premise is to choose to do only what makes you excited and happy, rather than basing decision on what others think you should be doing. In this episode, you’ll learn: How using the “hell yeah” method can help you say no without feeling guilty. How you can use this decision-making model to achieve your goals. How the method relates to working out. Times when the “hell yeah” method is not the best model of decision-making. How to get out of the interminably indeterminate state of “maybe.” The importance of putting in the work required to make the system work for you. Resources and Links: Farnam Street Blog by Shane Parrish Paradox of Choice: Why More is Less by Barry Schwartz Practical Wisdom: The Right Way to Do the Right Thing by Barry Schwartz (book) Be sure to catch the next episode by subscribing to the GMB Show: Subscribe to the iTunes podcast Subscribe to our YouTube videos Listen On the Go If you enjoyed this episode and want to hear more, download our GMB Show App in the app store and listen wherever you are.Support the show (https://www.facebook.com/groups/gmbshow/)
In his 2004 book, The Paradox of Choice: Why More is Less, Barry Scwartz made the case that our modern world's smorgasbord of choices makes us less happy, not more. He says that "choice overload" leads us to increasingly doubt our own decisions, live under greater pressure and blame ourselves more.
My guest today is Barry Schwartz, an American psychologist and author. He is a professor of Social Theory and Social Action at Swarthmore College. Schwartz's psychological work is right there at the foundation of why any trader or investor will have success (its the foundation of any success for that matter). The topics are his books The Paradox of Choice: Why More is Less and Practical Wisdom: The Right Way to Do the Right Thing. In this episode of Trend Following Radio we discuss: Choice and practical wisdom Choice in selecting a mutual fund, and how Schwartz has seen that unfold in corporations The paradox of options Having too much choice Democracy and choice The idea that decision-making has shifted from the expert to the individual Why prescription drugs are marketed to people who can't buy them outright If choice drives clinical depression Expectations The idea of practical wisdom Judgment and discretion in the workplace Wisdom and the education system Having a “script” from your employer that prevents you from thinking outside of the box The importance of working with like-minded people How things have changed since the 2008 financial crisis Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael Covel talks with Barry Schwartz, an American psychologist and author. He is a professor of Social Theory and Social Action at Swarthmore College with books such as “The Paradox of Choice: Why More is Less” and “Practical Wisdom”. Schwartz’s psychological work is right there at the foundation of why any trader or investor will have success (its the foundation of any success for that matter). Covel and Schwartz discuss choice and practical wisdom; choice in selecting a mutual fund, and how Schwartz has seen that unfold in corporations; the paradox of options; having too much choice; democracy and choice; the idea that decision-making has shifted from the expert to the individual; why prescription drugs are marketed to people who can’t buy them outright; if choice drives clinical depression; expectations; the idea of practical wisdom; judgment and discretion in the workplace; wisdom and the education system; having a “script” from your employer that prevents you from thinking outside of the box; the importance of working with like-minded people; and how things have changed since the 2008 financial crisis. Want a free trend following DVD? Go to www.trendfollowing.com/win.
Is there such a thing as too much choice? In The Paradox of Choice: Why More is Less – How the Culture of Abundance Robs Us of Satisfaction (Harper Perennial, 2005), author Barry Schwartz answers with a resounding yes. Though some choice is healthy and necessary, Barry argues that in modern society, we are overwhelmed with them, leading us to feel dissatisfied and sometimes even unable to make a decision at all. The dominant view that the market will provide and enable people to get that they want in life is illusory, as human beings are not as rational as we think we are, and our subjective experience of an event does not always correlate with how objectively “good” it is. In this podcast, Barry also talks about how some people, who he calls maximizers, end up suffering more from the overabundance of choices in our society, for these people always strive to make the very best decision in order to have the very best. This leads to paralysis, overanalyzing, and ultimately, to overall dissatisfaction. What makes us happy, he argues, is not to strive for the very best, but to be content with the good enough. As Barry states, “I think that in modern America, we have far too many options for breakfast cereal and not enough options of president.” Learn more about your ad choices. Visit megaphone.fm/adchoices
Is there such a thing as too much choice? In The Paradox of Choice: Why More is Less – How the Culture of Abundance Robs Us of Satisfaction (Harper Perennial, 2005), author Barry Schwartz answers with a resounding yes. Though some choice is healthy and necessary, Barry argues that in modern society, we are overwhelmed with them, leading us to feel dissatisfied and sometimes even unable to make a decision at all. The dominant view that the market will provide and enable people to get that they want in life is illusory, as human beings are not as rational as we think we are, and our subjective experience of an event does not always correlate with how objectively “good” it is. In this podcast, Barry also talks about how some people, who he calls maximizers, end up suffering more from the overabundance of choices in our society, for these people always strive to make the very best decision in order to have the very best. This leads to paralysis, overanalyzing, and ultimately, to overall dissatisfaction. What makes us happy, he argues, is not to strive for the very best, but to be content with the good enough. As Barry states, “I think that in modern America, we have far too many options for breakfast cereal and not enough options of president.” Learn more about your ad choices. Visit megaphone.fm/adchoices
Is there such a thing as too much choice? In The Paradox of Choice: Why More is Less – How the Culture of Abundance Robs Us of Satisfaction (Harper Perennial, 2005), author Barry Schwartz answers with a resounding yes. Though some choice is healthy and necessary, Barry argues that in modern society, we are overwhelmed with them, leading us to feel dissatisfied and sometimes even unable to make a decision at all. The dominant view that the market will provide and enable people to get that they want in life is illusory, as human beings are not as rational as we think we are, and our subjective experience of an event does not always correlate with how objectively “good” it is. In this podcast, Barry also talks about how some people, who he calls maximizers, end up suffering more from the overabundance of choices in our society, for these people always strive to make the very best decision in order to have the very best. This leads to paralysis, overanalyzing, and ultimately, to overall dissatisfaction. What makes us happy, he argues, is not to strive for the very best, but to be content with the good enough. As Barry states, “I think that in modern America, we have far too many options for breakfast cereal and not enough options of president.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
Is there such a thing as too much choice? In The Paradox of Choice: Why More is Less – How the Culture of Abundance Robs Us of Satisfaction (Harper Perennial, 2005), author Barry Schwartz answers with a resounding yes. Though some choice is healthy and necessary, Barry argues that in modern society, we are overwhelmed with them, leading us to feel dissatisfied and sometimes even unable to make a decision at all. The dominant view that the market will provide and enable people to get that they want in life is illusory, as human beings are not as rational as we think we are, and our subjective experience of an event does not always correlate with how objectively “good” it is. In this podcast, Barry also talks about how some people, who he calls maximizers, end up suffering more from the overabundance of choices in our society, for these people always strive to make the very best decision in order to have the very best. This leads to paralysis, overanalyzing, and ultimately, to overall dissatisfaction. What makes us happy, he argues, is not to strive for the very best, but to be content with the good enough. As Barry states, “I think that in modern America, we have far too many options for breakfast cereal and not enough options of president.” Learn more about your ad choices. Visit megaphone.fm/adchoices
It's Episode 13 and our book this time around is The Paradox of Choice: Why More is Less by Barry Schwartz. (http://www.pagebreakpodcast.com/podcast/13-paradox-of-choice)