Having too many alternatives may demotivate decision makers, which harms decision making. This is known as the ________.
A) bandwagon effect
B) confirmation bias
C) paradox of choice
D) loss aversion effect
E) confidence bias

Question

Quizplus · Accepted Answer

The paradox of choice refers to the phenomenon where having too many options can lead to decision paralysis and demotivate decision makers. This may harm decision making by preventing individuals from making a choice altogether or making a suboptimal decision due to analysis paralysis. Therefore, limiting the number of alternatives may be a better option for better decision making.

Having Too Many Alternatives May Demotivate Decision Makers, Which Harms