In the Paradox of Choice, it spends a lot of time describing maximizers and satisficers.
Being a maximizer, like myself, it is difficult to go shopping, because you always want to make the BEST decision possible. While a satisficer purchases a product when all of their requirements are met.
This turned out to be a good decision, because I got a great rain coat at a great price. But had all of my shopping decision been this successful? Not so much. There have been many times when I have spent so much time looking at other alternatives that I missed out on the sale or product. Not to mention how much time and effort I had spent looking into these decisions without anything to show for it.
Being a maximizer can affect your decision making in other areas too. For example, how much effort you spend on homework, studying for exams, or planning spring break. Maximizers tend to spend a lot of time and effort to do the BEST on homework, studying, or finding the most memorable option for spring break. However, maximizers are not always the happiest. With all the stress and time spent on looking for the best decision, they can loose track of their original goal.
I am definitely guilty of stressing and overwhelming myself when making a decision. Being a maximizer is not always bad though, especially when it comes to important decisions when buying a car or other long term decisions. On the side for satisficers, they can have very high standards, but it does not have to be the best decision out there which can save a lot of time and stress.
Overall, it is important to decide when your decision requires to be maximized or satisfied. You may be able to save a lot of time and stress just by being a satisficer.
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