More options do not produce better decisions; instead, they create paralysis, anxiety, and regret. Research by Sheena Iyengar demonstrated that while a display of 24 jam varieties attracted more attention than 6 varieties, the smaller display produced 10 times more purchases. Barry Schwartz identified 'maximizers' as people who cannot rest until finding the objectively best option, and they tend to buy more but enjoy it less. System designers exploit this by creating complex choices that prevent action, benefiting from the inaction of overwhelmed individuals.
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More Options Did Not Give You Freedom. They Gave You Anxiety and Regret. #ShortsAdded:
In 2000, Sheena Iyengar set up a jam tasting table at a grocery store in California.
On some days, she offered six varieties.
On other [music] days, 24.
The larger display attracted more attention.
But the smaller display [music] produced 10 times more purchases.
Iyengar and her colleague [music] Mark Lepper had demonstrated the paradox of choice.
More options do not produce better decisions.
They produce paralysis, [music] anxiety, and regret.
When you choose from six options, the five you did not choose feel manageable.
When you choose [music] from 24, the 23 unchosen alternatives feel like potential losses.
Every decision becomes a possible mistake.
Barry Schwartz called the people >> [music] >> most affected by this maximizers.
People who cannot rest until they have found the objectively [music] best option.
They buy more and enjoy it less.
The freedom to choose [music] feels, past a certain point, like burden.
And those who design systems [music] know this.
Healthcare plans with hundreds of options ensure that the default is never changed.
Financial products with endless variations ensure that nothing is ever bought.
Complexity is sometimes a feature used to prevent action.
Not to enable it.
The person overwhelmed by choices does not choose [music] badly.
They often do not choose at all.
And the beneficiary [music] of that inaction is never the person who could not decide.
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