Analysis Paralysis
Analysis paralysis happens when over-analysis of relevant information or over-thinking of possible consequences prevents one from making a decision.
Analysis paralysis can sometimes delay decisions and thus lead to forfeited opportunities.
Additionally, analysis paralysis hampers productivity. Destructive optimisation
#productivity
When we spend too much time trying to figure out the best way to do something, it often happens...
Psychologist Barry Schwartz finds that, while increased numbers of choices can in theory yield better results, it leads to anxiety...
A bug in NASA's Pathfinder Mars lander caused the transmission to stop. The bug in the scheduler made it procrastinate....Destructive Optimisation
Paradox of Choice
Prioritising like a computer scheduler
One instance where analysis paralysis take place is the optimal stopping problem
The optimal stopping problem has to do with stopping early enough to minimise cost while not stopping too early to...
The optimal stopping problem has to do with stopping early enough to minimise cost while not stopping too early to...Optimal Stopping Problem
Optimal Stopping Problem
Also, over-thinking can sometimes lead to bad decisions.
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