Rather than being lazy or impulsive, people genuinely expect the next options won't be much better—even when they are!
Rather than being lazy or impulsive, people genuinely expect the next options won't be much better—even when they are!
Why do people sample too few options before choosing?In our task, participants tried to buy smartphones at the best price – but this bias could lead to suboptimal decisions in areas beyond shopping, such as hiring or even police lineups.
Why do people sample too few options before choosing?In our task, participants tried to buy smartphones at the best price – but this bias could lead to suboptimal decisions in areas beyond shopping, such as hiring or even police lineups.