HOME



picture info

Choice
A choice is the range of different things from which a being can choose. The arrival at a choice may incorporate Motivation, motivators and Choice modelling, models. Freedom of choice is generally cherished, whereas a severely limited or artificially restricted choice can lead to discomfort with choosing, and possibly an unsatisfactory outcome. In contrast, a choice with excessively numerous options may lead to confusion, reduced satisfaction, regret of the alternatives not taken, and indifference in an unstructured existence; and the illusion that choosing an object or a course, necessarily leads to the control of that object or course, can cause psychological problems. Types One can distinguish four or five main types of decisions, although they can be expressed in different ways. Brian Tracy breaks them down into: # command decisions, which can only be made by you, as the "Commander in Chief", or owner of a company # delegated decisions, which may be made by anyone. Decisio ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Choice Modelling
Choice modelling attempts to model the decision process of an individual or segment via revealed preferences or stated preferences made in a particular context or contexts. Typically, it attempts to use discrete choices (A over B; B over A, B & C) in order to infer positions of the items (A, B and C) on some relevant latent scale (typically "utility" in economics and various related fields). Indeed many alternative models exist in econometrics, marketing, sociometrics and other fields, including utility maximization, optimization applied to consumer theory, and a plethora of other identification strategies which may be more or less accurate depending on the data, sample, hypothesis and the particular decision being modelled. In addition, choice modelling is regarded as the most suitable method for estimating consumers' willingness to pay for quality improvements in multiple dimensions. Related terms There are a number of terms which are considered to be synonyms with the term ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Paradox Of Choice
''The Paradox of Choice – Why More Is Less'' is a book written by American psychologist Barry Schwartz and first published in 2004 by Harper Perennial. In the book, Schwartz argues that eliminating consumer choices can greatly reduce anxiety for shoppers. The book analyses the behavior of different types of people (in particular, maximizers and satisficers). This book argues that the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution and how our obsession with choice encourages us to seek that which makes us feel worse. Summary "Autonomy and freedom of choice are critical to our well being, and choice is critical to freedom and autonomy. Nonetheless, though modern Americans have more choice than any group of people ever has had before, and thus, presumably, more freedom and autonomy, we don't seem to be benefiting from it psychologically". Thi ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


The Paradox Of Choice
''The Paradox of Choice – Why More Is Less'' is a book written by American psychologist Barry Schwartz (psychologist), Barry Schwartz and first published in 2004 by Harper Perennial. In the book, Schwartz argues that eliminating consumer choices can greatly reduce anxiety for shoppers. The book analyses the behavior of different types of people (in particular, maximizers and Satisficing, satisficers). This book argues that the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution and how our obsession with choice encourages us to seek that which makes us feel worse. Summary "Autonomy and freedom of choice are critical to our Well-being, well being, and choice is critical to freedom and autonomy. Nonetheless, though modern United States, Americans have more choice than any group of people ever has had before, and thus, presumably, more freedom and au ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Choice Architecture
Choice architecture is the design of different ways in which choices can be presented to decision makers, and the impact of that presentation on decision-making. For example, each of the following: * the number of choices presented * the manner in which attributes are described * the presence of a "default" can influence consumer choice. As a result, advocates of libertarian paternalism and asymmetric paternalism have endorsed the deliberate design of choice architecture to nudge consumers toward personally and socially desirable behaviors like saving for retirement, choosing healthier foods, or registering as an organ donor. These interventions are often justified by advocates of libertarian paternalism in that well-designed choice architectures can compensate for irrational decision-making biases to improve consumer welfare. These techniques have consequently become popular among policymakers, leading to the formation of the UK's Behavioural Insights Team and the White Hous ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Freedom Of Choice
Freedom of choice describes an individual's opportunity and autonomy to perform an action selected from at least two available options, unconstrained by external parties. In politics In the abortion debate, for example, the term "freedom of choice" may emerge in defense of the position that a woman has a right to determine whether she will proceed with or terminate a pregnancy. Similarly, other topics such as euthanasia, vaccination, contraception, and same-sex marriage are sometimes discussed in terms of an assumed individual right of "freedom of choice". Some social issues, for example the New York "Soda Ban" have been both defended and opposed, with reference to "freedom of choice". In economics In microeconomics, freedom of choice is the freedom of economic agents to allocate their resources (such as goods, services, or assets) as they see fit, among the options that are available to them. It includes the freedom to engage in employment available to them. Ratner et ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Choiceless Awareness
is posited in philosophy, psychology, and spirituality to be the state of unpremeditated, complete awareness of the present without preference, effort, or compulsion. The term was popularized in mid-20th century by Indian philosopher Jiddu Krishnamurti; the concept is a central theme in his philosophy. Similar or related concepts had been previously developed in several religious or spiritual traditions. The term, or others like it, has also been used to describe traditional and contemporary meditation practices, both secular and religious. By the as a concept or term had appeared in a variety of fields, including neuroscience, therapy, and sociology, as well as in art. However, Krishnamurti's approach to the subject was unique, and differs from both prior and later notions. Jiddu Krishnamurti Choiceless awareness is a major topic in the exposition of Indian philosopher Jiddu Krishnamurti . Beginning in the 1930s, he often commented on the subject, which became a recurring theme ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Choice Overload
Overchoice or choice overload 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''.Thomas W. Simon, ''Democracy and Social Injustice: Law, Politics, and Philosophy'', Rowman & Littlefield, 1995, Google Print, p.143/ref> Psychological process The phenomenon of overchoice occurs when many equivalent choices are available. Making a decision becomes overwhelming due to the many potential outcomes and risks that may result from making the wrong choice. Having too many approximately equally good options is mentally draining because each option must be weighed against alternatives to select the best one. The satisfaction of choices by number of options available can be described by an inverted U model. In this model, having no choice results in very low satisfaction. Initially more choices lead to more satisfaction, but as the num ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Sheena Iyengar
Sheena S. Iyengar is the S.T. Lee Professor of Business in the Management Department at Columbia Business School, widely and best known as an expert on choice. Her research focuses on the many facets of decision making, including: why people want choice, what affects how and what we choose, and how we can improve our decision making. She has presented TED talks on choice and is the author of '' The Art of Choosing'' (2010). Early life and education Iyengar was born in Toronto, Ontario, Canada. Her parents were immigrants from Delhi, India. As a child, she was diagnosed with a rare form of retinitis pigmentosa, an inherited disease of retinal degeneration. By the age of nine, she could no longer read. By the age of sixteen, she was completely blind, although able to perceive light. She remains blind as an adult. Iyengar's father died of a heart attack when she was thirteen. This change in family circumstances, and Iyengar's loss of vision, prompted Iyengar's mother to s ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Kent Greenfield (law Professor)
Kent Greenfield is an American lawyer, Professor of Law and Law Fund Research Scholar at Boston College, and frequent commentator to ''The Huffington Post''. He is the author of ''The Myth of Choice: Personal Responsibility in a World of Limits'' and ''The Failure of Corporate Law: Fundamental Flaws and Progressive Possibilities'', published by University of Chicago Press in 2006, and scholarly articles. He is best known for his "stakeholder" critique of the conventional legal doctrine and theory of corporate law, and for his leadership in a legal battle between law schools and the Pentagon over free speech and gay rights. Early life and career Greenfield spent most of his childhood in Princeton, Kentucky, where his father worked as a Baptist minister and his mother as a school teacher. Greenfield earned an A.B. in economics and history with honors from Brown University in 1984. After graduating, he worked as a corporate policy advisor at Levi Strauss & Co. in San Francisco, an ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Glasser's Choice Theory
The term "''choice theory''" is the work of William Glasser, MD, author of the book so named, and is the culmination of some 50 years of theory and practice in psychology and counselling. Characteristics Choice theory posits that the behaviors we choose are central to our existence. Our behavior (choices) is driven by five genetically driven needs in hierarchical order: survival, love, power, freedom, and fun. The most basic human needs are survival (physical component) and love (mental component). Without physical (nurturing) and emotional (love), an infant will not survive to attain power, freedom, and fun. "No matter how well-nourished and intellectually stimulated a child is, going without human touch can stunt his mental, emotional, and even physical growth". Survival needs include: * Food * Clothing * Shelter * Breathing * personal safety * security and sex, having children And four fundamental psychological needs: * Belonging/connecting/ love * Power/significance/ ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Pro-choice
Abortion-rights movements, also self-styled as pro-choice movements, are movements that advocate for legal access to induced abortion services, including elective abortion. They seek to represent and support women who wish to terminate their pregnancy without fear of legal or social backlash. These movements are in direct opposition to anti-abortion movements. The issue of induced abortion remains divisive in public life, with recurring arguments to liberalize or restrict access to legal abortion services. Some abortion-rights supporters are divided as to the types of abortion services that should be available under different circumstances, including periods in the pregnancy such as late term abortions, in which access may or may not be restricted. Terminology Many of the terms used in the debate are political framing terms used to validate one's stance while invalidating the opposition. For example, the labels pro-choice and pro-life imply endorsement of widely held v ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Consumer Choice
The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves. It analyzes how consumers maximize the desirability of their consumption (as measured by their preferences subject to limitations on their expenditures), by maximizing utility subject to a consumer budget constraint. Factors influencing consumers' evaluation of the utility of goods include: income level, cultural factors, product information and physio-psychological factors. Consumption is separated from production, logically, because two different economic agents are involved. In the first case, consumption is determined by the individual. Their specific tastes or preferences determine the amount of utility they derive from goods and services they consume. In the second case, a producer has different motives to the consumer in that they are focussed on the profit they make. This is explained further by producer theory. The models ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]