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We Make Choices And Are In Turn Made By Them.
-Sheena Iyengar
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We Make Choices And Are In Turn
Sheena Iyengar
We Make Choices And Are In Turn Made By Them.
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Choices
Made
Turns
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The Phantasmagoria, The Actual Experience That We Try To Understand And Organize Through Narrative, Varies From Place To Place. No Single Narrative Serves The Needs Of Everyone Everywhere.
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We Have The Ability To Create Choice By Altering Our Interpretations Of The World.
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We Also Don't Always Know What We Want. And In Those Cases It Can Actually Make Us Worse Off Because It's Actually Easier To Figure Out What You Want And To Figure Out How The Options Differ If You Have About A Handful Of Them Than If You Have A Hundred Of Them.
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People Will Make Worse Financial Decisions For Them If They're Choosing From A Lot Of Options Than If They're Choosing From A Few Options. If They Have More Options They're More Likely To Avoid Stocks And Put All Their Money In Money Market Accounts, Which Doesn't Even Grow At The Rate Of Inflation.
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What You See Determines How You Interpret The World, Which In Turn Influences What You Expect Of The World And How You Expect The Story Of Your Life To Unfold.
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