How emotions shape our decision-making
Ask any estate agent: most potential house buyers arrive with a detailed list of criteria for their new home, only to end up buying a property which meets almost none of them. The same is true of dating – few of us are married to people chosen on the basis of an initial checklist. Henry VIII tried this approach and it didn’t turn out well. You could dismiss this as mere whimsicality. However, the seeming messiness of such decision-making – the fact we refine our preferences in response to what we find available – is what makes consumer capitalism much more innovative than the faux-rational capitalism practised by large organisations.
