Lead: Are you a "Maximizer" or a "Satisficer"?
According to psychologist Thorsten Pachur, there are two types of decision-makers. Regardless of which type you belong to: You should only rely on your intuition under one condition.
Psychology professor Thorsten Pachur from the Technical University of Munich discusses decision-making strategies in uncertain times. He identifies two types of decision-makers: "Maximizers" who strive for the best possible option and "Satisficers" who settle for a good enough choice. Maximizers often struggle with decision-making, feeling uncertain and dissatisfied with their choices.
Pachur suggests that understanding the source of uncertainty and using different strategies can help make better decisions, such as focusing on essential indicators or setting clear decision criteria to avoid over-analysis.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
