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We have a tendency to procrastinate on important decisions from "summary" of Predictably Rational? by Richard B. McKenzie
Procrastination is a universal human tendency that can be particularly destructive when it comes to making important decisions. When faced with a decision that requires careful consideration and potentially difficult trade-offs, we often find ourselves putting it off, hoping that the problem will somehow resolve itself or that a better decision will present itself in the future. This tendency to procrastinate on important decisions can have serious consequences, leading to missed opportunities, increased stress, and even long-term regret. One of the reasons we procrastinate on important decisions is that we are inherently risk-averse. We fear making the wrong choice and facing the potential negative consequences that may result. By delaying the decision, we can avoid immediate discomfort, even if it means sacrificing long-term benefits. This short-term thinking can be a major obstacle to making well-informed decisions that align with our goals and values. Another factor that contributes to our tendency to procrastinate on important decisions is the cognitive effort required to weigh the pros and cons of each option. Making complex decisions can be mentally taxing, requiring us to consider multiple factors and potential outcomes. As a result, we may choose to delay the decision-making process in favor of more immediate and less demanding tasks. Furthermore, our emotions can play a significant role in our decision-making process, leading us to procrastinate on choices that evoke feelings of uncertainty, fear, or anxiety. We may be tempted to avoid making a decision altogether in order to sidestep these uncomfortable emotions, even if it means missing out on valuable opportunities or failing to address pressing issues. In order to overcome our tendency to procrastinate on important decisions, it is crucial to recognize the underlying reasons for our avoidance behavior and develop strategies to address them. By cultivating self-awareness, practicing mindfulness, and seeking support from trusted advisors, we can build the confidence and resilience needed to make timely and well-informed decisions that are in alignment with our values and goals.
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