Posts Tagged ‘decision fatigue’

  • Paying for citizenship and deficit reduction

    Handy Banking Quotes

    Mar 18, 14 • 531 Views • No Comments

    Car buyers typically display decision fatigue when asked to choose among “4 styles of gearshift knobs, 13 kinds of wheel rims, 25 configurations of the engine and gearbox and a palette of 56 colors for the interior.” Too worn out to choose, they take the...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Presidential “Choice Fatigue”

    Sep 16, 12 • 399 Views • No Comments

    President Obama says he wears only gray or blue suits. As for meals, he prefers having others decide what he will eat. The reason? “Choice fatigue.” Knowing that decision-making requires energy, the President told writer Michael Lewis that he...  [read more]