Wednesday, February 27, 2008

The Advantages of Closing a Few Doors

Do options help us or hurt us? Check out the article from Science section of the NYTimes using the link above. Below is an exerpt from the article.

"Xiang Yu was a Chinese general in the third century B.C. who took his troops across the Yangtze River into enemy territory and performed an experiment in decision making. He crushed his troops’ cooking pots and burned their ships. He explained this was to focus them on moving forward — a motivational speech that was not appreciated by many of the soldiers watching their retreat option go up in flames. But General Xiang Yu would be vindicated, both on the battlefield and in the annals of social science research."

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