The Advantages of Closing a Few Doors
We can always tell ourselves that it’s good to keep options open, but is it really?
"Predictably Irrational: The Hidden Forces That Shape Our Decisions." Dan Ariely. HarperCollins, 2008.
The research paper:
"Keeping Doors Open: The Effect of Unavailability on Incentives to Keep Options Viable." Jiwoong Shin, Dan Ariely. Management Science, May 2004. (PDF)
[repost from 2/09]