PSYB01H3 Chapter Notes - Chapter 1: Random Assignment, A Priori And A Posteriori, Mental Calculation
Document Summary
Psychology: the scientific study of people, the mind, and behaviour. Psychology focuses on virtually endless questions about how we feel, think, behave, believe, and interact. For the study below, the term maximizer means a person who, in a job search, looks to maximize their pay. Satisficers set standards for themselves and will choose the first option that meets that standard. Researchers investigated this question by categorizing 548 graduating students in the fall of their senior year and then followed them during the next year as they searched for jobs. Maximizers felt worse even though they had done better than satisficers, the researcher reasoned, because considering so many choices led to unrealistic expectations that increased the likelihood of feelings of regret, disappointment, dissatisfaction, and sadness. In fact, the researchers reported that maximizers were more likely to fantasize about jobs they hadn"t applied for and to wish they had pursued even more jobs than they did.
