Ah yes, flipism. I was really big into it for a while. I moved beyond coins and started using dice. Eventually I got tired of it, but it was an interesting way to make decisions for a while, at least. Please note that as per the article, this does NOT mean I always went with the option presented by the die roll.
this post was submitted on 19 Aug 2023
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Applied Psychology
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Also, here's an AI generated summary, as I felt the article was a bit bloated.
The article discusses how excessive choice can lead to anxiety and indecision among consumers, a phenomenon known as the "paradox of choice." The concept of a perfect solution to a problem, known as the "Nirvana fallacy," is debunked, highlighting the idea of "satisficing" – choosing a good enough option rather than the absolute best. The author suggests that randomness, such as flipping a coin, can help overcome choice-induced analysis paralysis by simplifying decision-making. Experiments conducted by researchers at the University of Basel showed that participants who used a coin flip to aid their decision-making were three times more likely to be satisfied with their choice and less likely to seek more information. The article emphasizes that the coin flip doesn't force decisions but encourages thorough consideration of options. Ultimately, using randomness in decision-making can facilitate quicker and more confident choices for those who struggle with making decisions.