Active Choice
A decision-making strategy where individuals are prompted to make a choice rather than defaulting to a pre-set option.
A decision-making strategy where individuals are prompted to make a choice rather than defaulting to a pre-set option.
The phenomenon where having too many options leads to anxiety and difficulty making a decision, reducing overall satisfaction.
The study of how individuals make choices among alternatives and the principles that guide these choices.
A phenomenon where individuals' preferences between options change when the options are presented in different ways or contexts.
A cognitive shortcut that relies on the recognition of one option over another to make a decision, often used when individuals have limited information.
A cognitive bias where consumers change their preference between two options when presented with a third, less attractive option.
A phenomenon where people perceive an item as more valuable when it is free, leading to an increased likelihood of choosing the free item over a discounted one.
The psychological phenomenon where people prefer options that are not too extreme, but just right.
The tendency to attribute positive qualities to one's own choices and downplay the negatives, enhancing post-decision satisfaction.