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one of the main points in the book is that different types of people deal with choice differently. satisficers will choose something that meets their needs, whilst maximizers will try and find the "best" option from all the choices available (it's not a simple split, some people approach different choices in different ways but anyway....). I definitely fit into the latter category. however what this book explains is that as a result maximizers will often be unhappy. this is so on the money. the amount of time I spend agonizing over some choices, and then questioning them afterwards to ensure that I didn't miss something.
there are some really interesting examples in here that I've been boring people to death with. for example the one about people buying jam. they are far more likely to buy one jam when there is only a choice of half a dozen than when there is a choice of twenty or more. it seems we get paralysed by too much choice. similraly there is a great story about people's responses to a hypothetical choice between using different vaccines - one guaranteed to cure one third (but only one third) of those it's used on, and an experimental one that will cure everyone if it works but there's only a one in three chance it will work. how you phrase the proposition has a big impact on how people respond.
... Read more ›No one is immune, he says. Even if someone doesn't care about clothes or restaurants, he might care very much about TV channels or books. And these are just the relatively unimportant kinds of choices. Which cookie or pair of jeans we choose doesn't really matter very much. Which health care plan or which university we choose matters quite a lot. How do different people deal with making decisions?
Schwartz analyzes from every angle how people make choices. He divides people into two groups, Maximizers and Satisficers, to describe how some people try to make the best possible choice out of an increasing number of options, and others just settle for the first choice that meets their standards. (I think he should have held out for a better choice of word than "satisficer.")
I was a bit disappointed that Schwartz dismissed the voluntary simplicity movement so quickly. They have covered this ground and found practical ways of dealing with an overabundance of choice. Instead of exploring their findings, Schwartz picked up a copy of Real Simple magazine, and found it was all about advertising. If he had picked up a copy of The Overspent American by Juliet Schor or Your Money or Your Life by Joe Dominguez and Vicki Robin instead, he might have found some genuine discussion of simple living rather than Madison Avenue's exploitation of it.
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