Keeping too many doors open narrows our Mar 03 2008
Keeping too many doors open narrows our options.
"Closing a door on an option is experienced as a loss, and people are willing to pay a price to avoid the emotion of loss," Dr. Ariely says. In the experiment, the price was easy to measure in lost cash. In life, the costs are less obvious -- wasted time, missed opportunities. If you are afraid to drop any project at the office, you pay for it at home.