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The Occasional Mentor: On Making Decisions and Getting a Job During a Pandemic
THE OCCASIONAL MENTOR:
A semi-regular column based on questions I’ve answered on Quora, heard on Slack groups, and other career advice I’ve given over the prior month. Feel free to challenge me in the comments, if you have a different experience. Below are questions I answered in November.
November 15, 2020
Whether they are deliberately doing it or not, there is some basic psychology and behavioral economics traps that can get in the way of making a decision that is in your best interest. Not having the facts, irrelevant facts or even having too many facts or too many choices can affect your ability to make a reasonable decision.
A famous psychology experiment explores a concept known as the “paradox of choice.” Supermarket customers were offered to taste test a variety of jellies at a supermarket. Those who were presented with six choices were more likely to buy than those presented with 24. Why? Providing too many choices can obscure the value of each individual part and make it difficult to compare one choice to another. Airlines use this when they give you a base cost and nickel and dime you…