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Showing posts from February, 2016

good quote


The gem cannot be polished without friction, nor man perfected without trials.Confucius

Maximizers vs Satisficers decision-makers

In the book The Paradox of Choice and other psychological researches, I recently came upon the concept of Maximizer decision making and Satisficer decision-making.

People are who are MAXIMIZERS have a hard time making a decision because they want to spend a lot of time exploring all kinds of possible options before deciding on one option. Even if they make a decision, they are all so ready to reverse their decisions and finding 100% or nothing. Sounds like a "smart" shopper but actually, he or she is shown to be very unhappy as a result. Research shows that maximizers get very stressed and spent a lot of time going back and forth on their decisions, regretting and always worrying if they made the right decision.

In fact, SATISFICERS tend to be a lot happier. They have a clear standard, different points of consideration when making a decision, and as long as the option HITS those different points, they are quite content with making the decision. For example, purchasing of a car…

Peak-end rule

So interesting. Just finding interesting articles everywhere today.
I'd always heard that comedians must make their CLOSING PIECE the strongest and I'd always wondered why. Here's some interesting wikipedia article on Peak-end rule.

https://en.wikipedia.org/wiki/Peak%E2%80%93end_rule
The peak–end rule is a psychological heuristic in which people judge an experience largely based on how they felt at its peak (i.e., its most intense point) and at its end, rather than based on the total sum or average of every moment of the experience. The effect occurs regardless of whether the experience is pleasant or unpleasant. According to the heuristic, other information aside from that of the peak and end of the experience is not lost, but it is not used. This includes net pleasantness or unpleasantness and how long the experience lasted.The article goes onto explain behavioral experiments that really blows your mind. These experiments dealt with giving subjects a choice between a "…

Beginner's Mind, Empty Mind, No More Preconceived Notions, Being Humble of Your Own Mind

“It’s not what you don’t know that holds you back. It’s what you THINK you know that (turns out to be inaccurate) is ultimately the most crippling.” Philosophers like Bruce Lee and Confucius have always preached to keep an "empty mind". Zen preaches The Beginner's Mind. I've always wondered why that is.

In this blog from competitiveedge.com, the author DR. ALAN GOLDBERG goes onto say the following which rang very true to my observations:
People who think they have all the answers, are not only dangerous to themselves and others, but they are flat out wrong. No one has all the answers because the answers are ALWAYS changing. The world you live in is in a constant state of flux. While new technologies are continually being created in and out of sports, old ones are being updated or improved. Any athlete or individual who closes his mind to the learning process because he thinks he knows it all is actively getting stupid and ultimately hurting himself BIG TIME The existi…