Paradox of choice presentation

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What Makes Us Happy? Barry Schwartz on The Paradox of Choice Tuesday, July 3, 12

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Transcript of Paradox of choice presentation

Page 1: Paradox of choice presentation

What Makes Us Happy?Barry Schwartz on The Paradox of Choice

Tuesday, July 3, 12

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The Official Dogma

The more choice people have, the more freedom they have, and the more freedom they have, the more welfare they have.

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Super Market

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Electronics Store

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Just for fun...

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Skit

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SkitWell, we could do A, or we

could do B. A has benefits, and these risks, B has benefits, and these risks. What do you

want to do?

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SkitWell, we could do A, or we

could do B. A has benefits, and these risks, B has benefits, and these risks. What do you

want to do?

Doc, What should I do?

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SkitWell, we could do A, or we

could do B. A has benefits, and these risks, B has benefits, and these risks. What do you

want to do?

Doc, What should I do?

Well, we could do A, or we could do B. A has benefits, and these risks,

B has benefits, and these risks. What do you want to do?

Tuesday, July 3, 12

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SkitWell, we could do A, or we

could do B. A has benefits, and these risks, B has benefits, and these risks. What do you

want to do?

Doc, What should I do?

Well, we could do A, or we could do B. A has benefits, and these risks,

B has benefits, and these risks. What do you want to do?

If you were me, Doc, what would you do?

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SkitWell, we could do A, or we

could do B. A has benefits, and these risks, B has benefits, and these risks. What do you

want to do?

Doc, What should I do?

Well, we could do A, or we could do B. A has benefits, and these risks,

B has benefits, and these risks. What do you want to do?

If you were me, Doc, what would you do?

But I’m not you.

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Patient Autonomy

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Patient Autonomy

Shifting of burdens and responsibility from someone who knows something

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Patient Autonomy

Shifting of burdens and responsibility from someone who knows something

To somebody who knows nothing and is almost certainly sick, thus not in the best shape to make decisions.

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What’s Bad

Paradoxically: produces paralysis rather than liberation

Escalation of Expectation

Less satisfied with the result of choice

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Paradoxically: produces paralysis rather than liberation

Paralysis is a consequence of having too many choices

With too many choices, people find it harder to make a choice

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Escalation of Expectation

With more choices, expectation will increase.

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Less satisfied with the result of choice

There will be better alternatives than the one you chose

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Why choice makes people miserable?

Regret and Anticipated Regret

Opportunity Cost

Escalation of expectations

Self-Blame

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The Official Dogma

The more choice people have, the more freedom they have, and the more freedom they have, the more welfare they have.

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The Official Dogma

The more choice people have, the more freedom they have, and the more freedom they have, the more welfare they have.

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Secret to Happiness

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Secret to Happiness

EXPECT LESS!

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Thank You!

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