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Overchoice or choice overload [1] is the paradoxical phenomenon that choosing between a large variety of options can be detrimental to decision making processes. The term was first introduced by Alvin Toffler in his 1970 book, Future Shock .
Information overload (also known as infobesity, [1] [2] infoxication, [3] or information anxiety [4]) is the difficulty in understanding an issue and effectively making decisions when one has too much information (TMI) about that issue, [5] and is generally associated with the excessive quantity of daily information. [6]
Choice overload is growing with ever larger supermarkets and the internet being two of the main causes. [6] Research shows that choice overload can lead to decision fatigue, where the cognitive effort required to choose from many options causes consumers to delay decisions or rely on convenience over preference.
The study identified four key factors—choice set complexity, decision task difficulty, preference uncertainty, and decision goal—that moderate the impact of assortment size on choice overload. It also documented that when moderating variables are taken into account the overall effect of assortment size on choice overload is significant—a ...
Information overload is "a gap between the volume of information and the tools we ... An optimism bias can alter risk perception and decision-making in many domains ...
Said Lewis to Manning: “In a billion-dollar stadium, lights ain’t going out, Peyton, unless something’s at risk.” Ray Lewis holds up the Vince Lombardi Trophy after defeating the San ...
Decision fatigue is a phrase popularised by John Tierney, and is the tendency for peoples’ decision making to become impaired as a result of having recently taken multiple decisions. [ 5 ] Decision fatigue has been hypothesised to be a symptom, or a result of ego depletion . [ 6 ]
Wishful-thinking effects, in which people overestimate the likelihood of an event because of its desirability, are relatively rare. [10] This may be in part because people engage in more defensive pessimism in advance of important outcomes, [ 11 ] in an attempt to reduce the disappointment that follows overly optimistic predictions.