The question of choice and number of options comes up often in life. Some may assume the more choice the better, however there is evidence to the contrary:
When you look at Vanguard 401(k) plans in a variety of different employers, where what varies from one employer to the next is the number of mutual fund options that they provide, the more options the employer provides, the less likely people are to choose any of them. Even though not choosing mean passing up significant amounts of matching money from the employer…
In the domain I know best, the world of academic institutions, increasingly, especially in the more selective places, they essentially don’t tell students what to do. They give you this gigantic list of courses, ‘Take 10 of these and you will have met our liberal arts requirement. We don’t care which 10.’ Here are these 18 year olds who don’t know squat, and people who do know something aren’t willing to tell them what they ought to do.
See source.
Futher investigation by psychologists suggest leaving the really big decisions (buy house, take a job, move away etc.) to your subconscious as researchers in the Netherlands propose. Here’s instructions on how to do it!
So next time you are mulling over a descion sleep on it!
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