More choice is always better

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Abstract

Here’s something that we all know to be wrong in our everyday lives, but which our economist union card bans us from believing while we’re on the job: Utility is nondecreasing in the number of choices.

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APA

Blinder, A. S. (2017). More choice is always better. In Economic Ideas You Should Forget (pp. 29–30). Springer International Publishing. https://doi.org/10.1007/978-3-319-47458-8_11

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