{"title":"取舍厌恶和优柔寡断行为","authors":"Edwin Ip, Stephen Nei","doi":"10.1016/j.jebo.2025.107095","DOIUrl":null,"url":null,"abstract":"<div><div>Why do people suffer from choice overload but still prefer larger choice sets? We present a model of indecision where decision makers find making trade-offs psychologically painful. We show that aversion to making trade-offs leads to indecisive behaviours (choice avoidance and choice overload). However, not all trade-off averse decision makers succumb to indecisions. Decision makers who are aware of their trade-off aversion should anticipate indecisive behaviours and mitigate them accordingly by restricting their consideration set. Our results suggest that indecisive behaviours are not simply a problem of having indecisive preferences but also a problem of self-awareness.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"236 ","pages":"Article 107095"},"PeriodicalIF":2.3000,"publicationDate":"2025-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Trade-off aversion and indecisive behaviours\",\"authors\":\"Edwin Ip, Stephen Nei\",\"doi\":\"10.1016/j.jebo.2025.107095\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Why do people suffer from choice overload but still prefer larger choice sets? We present a model of indecision where decision makers find making trade-offs psychologically painful. We show that aversion to making trade-offs leads to indecisive behaviours (choice avoidance and choice overload). However, not all trade-off averse decision makers succumb to indecisions. Decision makers who are aware of their trade-off aversion should anticipate indecisive behaviours and mitigate them accordingly by restricting their consideration set. Our results suggest that indecisive behaviours are not simply a problem of having indecisive preferences but also a problem of self-awareness.</div></div>\",\"PeriodicalId\":48409,\"journal\":{\"name\":\"Journal of Economic Behavior & Organization\",\"volume\":\"236 \",\"pages\":\"Article 107095\"},\"PeriodicalIF\":2.3000,\"publicationDate\":\"2025-06-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Economic Behavior & Organization\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0167268125002148\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic Behavior & Organization","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0167268125002148","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Why do people suffer from choice overload but still prefer larger choice sets? We present a model of indecision where decision makers find making trade-offs psychologically painful. We show that aversion to making trade-offs leads to indecisive behaviours (choice avoidance and choice overload). However, not all trade-off averse decision makers succumb to indecisions. Decision makers who are aware of their trade-off aversion should anticipate indecisive behaviours and mitigate them accordingly by restricting their consideration set. Our results suggest that indecisive behaviours are not simply a problem of having indecisive preferences but also a problem of self-awareness.
期刊介绍:
The Journal of Economic Behavior and Organization is devoted to theoretical and empirical research concerning economic decision, organization and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved understanding of how human cognitive, computational and informational characteristics influence the working of economic organizations and market economies and how an economy structural features lead to various types of micro and macro behavior, to changing patterns of development and to institutional evolution. Research with these purposes that explore the interrelations of economics with other disciplines such as biology, psychology, law, anthropology, sociology and mathematics is particularly welcome.