What is the Paradox of Choice?

Рет қаралды 84,675

Жыл бұрын

If you enjoy the content of this video, this is just a short clip from the much longer series that goes through 21 of our most common thinking errors, biases and fallacies. You can watch the full series here on KZfaq by clicking the link below.
21 Mind Traps FULL series - • 21 Mind Traps : The Ul...
What is the Paradox of Choice?
The paradox of choice is the idea that having too many options can lead to indecision, anxiety, and ultimately unhappiness. This is because when people are faced with an abundance of choices, they may feel overwhelmed and unsure about which option is the best one. As a result, they may feel anxious about making the wrong decision and may even avoid making a decision altogether. The paradox of choice can also lead to regret, as people may second-guess their decisions and wonder if they made the right choice.
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If you would like to go deeper into this topic I highly recommend the following books :
📕Thinking, Fast and Slow by Daniel Kahneman amzn.to/3Wn6bz8
📕The Art of Thinking Clearly by Rolf Dobelli amzn.to/3jxJWI5
📕Super Thinking by Gabriel Weinberg & Lauren McCain amzn.to/3jm0CCo
📕The Skeptics Guide to the Universe by Dr. Steven Novella amzn.to/3C4dnYL
If you are more into Audiobooks, here is a link to that. You can get two of these books for free if you sign up for a free Audible trial with the link below.
🎧Grab the Thinking, Fast and Slow audiobook on an Audible trial with 2 free books - amzn.to/3A5r32l
This two part series is mainly inspired by the works of Nobel Prize winning psychologist Daniel Kahneman and his amazing book “Thinking Fast and Slow”.
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Пікірлер: 49

@mw3master785 Жыл бұрын

What did we do to be blessed with back to back videos 😭

@mw3master785 Жыл бұрын

Also, first comment on video confirmed. The trophy is mine

@thecursedbunnyy 11 ай бұрын

your comment aged poorly

@user-ou8pe9it8j Ай бұрын

Blessed? 😮

@TheSilentWealth Жыл бұрын

You have an amazing way of articulating psychological concepts visually. Explains why your channel is so effective!

@BlackPhoenx17 Жыл бұрын

Yes!! I love that you’re posting more often now! We’re glad you’re back 😀

@1verse4ll 7 ай бұрын

Why are your videos feels timeless, educational, and satisfying? Gottaa love these videos man.

@elainechaw1519 Жыл бұрын

i am so glad that you are uploading new videos!

@miltonngcomedy Жыл бұрын

Loved seeing the progression in the quality of the videos and even your voice since 2 years ago!

@praveenkumarkota1958 Жыл бұрын

Thank you for the quality content

@txjasvi_89 Жыл бұрын

Thank you for posting

@las28314 Жыл бұрын

true. in today time, I usually feel unsatisfied due to 100+ choices while shopping online, though the final choice is the best I always feel regret not chosing the 2nd best and vice versa. For me 4 choices is the maximum number we should put.

@JT-of6of Жыл бұрын

Yeah cubas government would love to have you over for a nice dinner date

@OscarRamirez-kh2vm Жыл бұрын

Thank you I love your videos

@ArielTavori Жыл бұрын

One of the fundamental issues facing this age of abundance we are entering.

@MrSpherical Жыл бұрын

💯💯

@scitrash9844 Жыл бұрын

Blesser content

@cedarpoplar Жыл бұрын

Ones you hit 40 your options become obsolete. No longer do you think of how/when/ or who you should marry. Your first priority in this instance are your parents. You do not have any time to think about your own stuff.

@sarthakmunda3914 Жыл бұрын

I think this is because there's a limited amount of available choices that we could try out and come to a decision about. Available choices upto that limit increase our happiness about the variety but after that number, once we've chosen something, we could be left wondering what else is out there? am I settling? could there be an option that I would've liked more?

@sadiqshafisati7854 Жыл бұрын

Hi I like to watch videos like this But you are the best one So please stay consistent ...

@g6tuy248 Жыл бұрын

4 hour work week!!

@_..-.._..-.._ 6 ай бұрын

But how does this effect compare to the effect where a medium sized popcorn priced close to the large increased large sales by a huge margin. It might’ve been the framing effect? So the right amount of choices and the right pricing works where too many choices just makes you want to think about it.

@voqp Жыл бұрын

Paradox of Choice should be renamed as the 'Netflix Effect'

@aster5031 Жыл бұрын

Subbed

@inkurunzizaproducts7554 Жыл бұрын

Good

@atharvalakhamade2126 Жыл бұрын

this was really good but but where where are the book summaries

@musakoroma6966 10 ай бұрын

I suggest you doing thinking fast and slow by Daniel Kerhneman

@RodrigoMiranda-yy9nz Ай бұрын

with what software do you edit your videos?

@United_Wings Жыл бұрын

I have a love and hate relationship with this.

@danawhiteboy Жыл бұрын

this happens to me in character creator

@InvestToon Жыл бұрын

We wish our channel is like yours 😢

@apurvtewari4434 Жыл бұрын

Happens with me on Netflix....too many choices really....

@Mobb444 9 ай бұрын

Please do millionaire fastlane by mj Demarco

@blobbluhub5549 Жыл бұрын

Das betrifft aber nur Leute mit einem schwachen Bewusstsein. Diese haben ein Gefühl etwas zu verpassen. Das liegt daran, dass Sie nicht in der Gegenwart sind (und dadurch tatsächlich alles verpassen), sondern sie sind eher in der Zukunft oder Vergangenheit verhaftet. Ich würde da hin gehen, die Namen der 40 Sorten so weit lesen, bis mir die erste auffällt, auf die ich Lust habe, sie probieren und wenn ich sie kaufen will, kaufen.

@TeluguStoryVerse 10 ай бұрын

can anyone tell me how did i can do this kiind of animations

@5minstockideas807 Жыл бұрын

Which tool is he using to create this type of animated videos?? Please help.

@buketified Жыл бұрын

Most likely Adobe apps. Adobe Illustrate + Pro I'm guessing ???

@ziggy8253 Жыл бұрын

Netflix is where you’ll encounter the paradox of choice.

@kathleenlovett1958 Ай бұрын

TRADER JOE'S grocery stores intentionally provide a limited choice of similar products. Seems to be working well for them.

@Sussyphis Жыл бұрын

Its an old video tho

@HyperionStudiosDE Жыл бұрын

What's the paradox? I hate how people overuse this word.

@meyr1992 Жыл бұрын

i just googled the exact definition of paradox and it completely describes this phenomena

@HyperionStudiosDE Жыл бұрын

@@meyr1992 what's the paradox then? what's the contradiction?

@meyr1992 Жыл бұрын

@@HyperionStudiosDE the fact that we all believe that more choices = better when in reality that isn’t always the case. most people if you ask them if they want more options in their local store they would say yes but in reality shops with limited options make more sales on average

@HyperionStudiosDE Жыл бұрын

@@meyr1992 in general people are aware that there's a sweet point beyond which more is not better. that applies to almost everything. the only question is where that sweet spot is. nobody would believe for even a second that having 10,000 brands of ketchup in a supermarket would be reasonable. however I now remember it said in the video that the larger choice first attracted more people which I guess you could argue contradicts the lower sales figure. although I wouldn't call that a paradox either.