Strategically look at your options to make the best decision
from Algorithms to Live By: The Computer Science of Human Decisions by Brian Christian, Tom Griffiths
How to Apply This
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Evaluate your circumstances.
Before starting, calculate the amount of time and resources you can invest in your process. Practice rational thinking without getting distracted by external factors. -
Start looking strategically.
Pick the options which fit your description, and don’t waste time on things that are evidently out of consideration for you. For example, if you need to hire someone, only interview the people who are compatible with your job requirements. -
Learn to stop at the optimal point.
Stop your research once you have examined 37% of your options. For example, if you have ten candidates, stop interviews after the fourth candidate. If you have 30 apartments to view, stop after apartment number 11. -
Make the best decision.
After you stop searching, evaluate the options you examined previously. Take into consideration all your criteria and make reasonable compromises if necessary. Pick the best option for your needs.
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