Psychology

The Paradox of Choice

by Barry Schwartz

Why does more choice feel worse?

We assume more options mean more freedom, and more freedom means more happiness. Psychologist Barry Schwartz argues that past a certain point the extra options stop helping. They make choosing harder, and they leave us less happy with whatever we pick.

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What you'll learn

  • Maximisers and satisficers
  • Every option has a price
  • Why silver hurts more than bronze
  • Who gets the blame

The key ideas in The Paradox of Choice

Maximisers and satisficers

Maximisers need the best, so they check every option. Satisficers, a word Schwartz takes from the economist Herbert Simon, settle on the first one that meets their standards. Schwartz found maximisers tend to be less happy and more regretful, even when their choices turn out well.

Every option has a price

Choosing one holiday means giving up the best bits of all the others. Economists call these opportunity costs. Schwartz argues that the more options we weigh, the more those missed pleasures nag at us, and the less we enjoy the one we chose.

Why silver hurts more than bronze

Schwartz cites a study of Olympic medallists in which bronze winners looked happier than silver winners. Silver compares itself with gold, and bronze with no medal at all. The more options we have, the easier it is to imagine something better, and the more room there is for regret.

Who gets the blame

When there's only one kind of jeans and they don't fit, the world is to blame. When there were dozens and you picked badly, you are. Schwartz suggests this growing self-blame may help explain why depression has risen alongside choice.

Lines worth underlining

  1. The jam stall

    Shoppers who saw six jams bought far more often than shoppers who saw twenty-four.

  2. Too many options

    Past a point, more choice leaves us more anxious and less pleased with what we pick.

  3. Good enough

    Settle for good enough once it meets your needs. Hunting for the very best makes you less happy.

  4. Missed options

    Every option you turn down has its own charms, and dwelling on them spoils your choice.

  5. No going back

    Treat decisions as final. Keeping the option to change your mind makes you less happy.

A story from the book

A pair of jeans at the Gap

Schwartz went to the Gap to buy jeans and gave his size. The assistant asked if he wanted slim, easy, relaxed, baggy or extra baggy fit, then about the wash and the fly. He tried pair after pair and left with the best-fitting jeans he'd ever owned. He felt worse.

One thing to try

Satisfice one choice this week

Pick a decision you usually agonise over, like a phone contract or where to eat. Before looking, write down what good enough means. Take the first one that meets it and stop searching. Schwartz also says to treat the choice as final, because we're happier with choices we can't undo.

There's more to The Paradox of Choice

Knotd has the key ideas from 250+ non-fiction books, each in a few minutes, in plain words. The Paradox of Choice comes with a Name That Idea round to make it stick.

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Questions about The Paradox of Choice

What is The Paradox of Choice about?

Why does more choice feel worse? We assume more options mean more freedom, and more freedom means more happiness. Psychologist Barry Schwartz argues that past a certain point the extra options stop helping. They make choosing harder, and they leave us less happy with whatever we pick.

What are the key ideas in The Paradox of Choice?

Maximisers and satisficers; Every option has a price; Why silver hurts more than bronze; Who gets the blame.

What's one thing to try from The Paradox of Choice?

Pick a decision you usually agonise over, like a phone contract or where to eat. Before looking, write down what good enough means. Take the first one that meets it and stop searching. Schwartz also says to treat the choice as final, because we're happier with choices we can't undo.

Is The Paradox of Choice on Knotd?

Yes. Knotd has the key ideas from The Paradox of Choice in a few minutes, in plain words, plus a Name That Idea round to test them. It's one of 250+ non-fiction books in the app.