Testing the Tyranny of Too Much Choice Against the Allure of More Choice

被引:40
作者
White, Chris M. [1 ]
Hoffrage, Ulrich [1 ]
机构
[1] Univ Lausanne, Fac Business & Econ, CH-1015 Lausanne, Switzerland
关键词
DECISION FIELD-THEORY; ASSORTMENT; BEHAVIOR; MODEL; COST; SETS;
D O I
10.1002/mar.20273
中图分类号
F [经济];
学科分类号
02 ;
摘要
When choosing among several options, people often defer choice. Previous research found that choice deferral can increase and/or decrease as the number of available options increases. To understand these contradictory findings, the assumption was made that people may defer choice for either of two reasons. The number of deferrals made in a controlled laboratory experiment that were inferred to be due to no options being good enough, decreased as the number of options increased. In contrast, the number of deferrals inferred to be due to there being uncertainty regarding which option was the best, increased. Observing these two effects simultaneously helps to explain the inconsistent results observed in previous research. It is also shown that these assumptions can account for the various relationships previously observed between the size of the choice set and the probability of choice deferral. (C) 2009 Wiley Periodicals, Inc.
引用
收藏
页码:280 / 298
页数:19
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