examining how personal choice can affect satisfaction or regret
—134 Columbia University participants
—Each participant received 1 of 3 conditions to select chocolate flavors: ”extensive”, “limited”, or “no choice”
The conditions included— “Extensive:” 30 flavors to choose from, “Limited:” 6 flavors to choose from, and “No Choice:” a random amount of flavors with no freedom to choose. The results show that participants in the “Extensive” group enjoyed more opportunity overall, but felt a big responsibility when deciding, and that 30 options was too many to choose from. This resulted in frustration and dissatisfaction with their choice of chocolate. The participants in the “Limited” group, however, responded that the amount of options they had available (6 flavors) was "just right". The “No Choice” participants felt unsatisfied with the overall process.
At the end of the experiment, each participant chose their form of compensation: either $5 in cash or the box of chocolates from the experiment (of equal worth). The participants most satisfied, those in the “Limited” group, showed more positive correlation to their choice, exemplified by choosing the box of chocolates over cash (48%), in comparison to the “Extensive” (12%) and the “No Choice” (10%) participants.