Tuggle's theorem

Tuggle's Theorem is a principle in decision theory that suggests that when faced with multiple options, people often opt for a choice that minimizes regret rather than maximizing overall satisfaction or benefit. Essentially, it highlights how individuals make decisions by considering how they would feel about their choices if things went wrong. This can lead to conservative choices instead of the most advantageous ones, as people prioritize avoiding negative feelings over pursuing the best possible outcome. Understanding this can help in grasping the psychological factors that influence decision-making in everyday life.