why you refuse to let go of clutter

While clutter is usually a popular topic in blog posts, recently there’s been a lot of discussion about clutter and behavior.

In the NY Times, author Gretchen Rubin talks about containing clutter in her small apartment as she prepares for school to start. In the article, she mentions the “Endowment Effect,” a behavior observed by behavioral economist Richard Thaler.

Pat Jeffries of The Oregonian presents several professional opinions on overcoming the Endowment Effect, including Tom Stafford of the BBC, who refers to it as “status quo bias.”

Stafford suggests that, instead of asking yourself if you should get rid of something, ask yourself whether you would be willing to buy it today and for what price. The difference in your thinking pattern will probably give you a different answer.

GregMcKeown uses the same theory to hypothesize “success is a catalyst for failure.” He goes on to use the Endowment Effect to judge whether an opportunity is worth taking.

The next time you’re considering whether an object, task or behavior is clutter, ask yourself if it merits the space it takes up. If not, you’re probably ready to let it go.

Advertisements
This entry was posted in Uncategorized and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s