Escalation Every year, your family poses for a photograph to be used in its holiday cards. To add interest to the photo, everyone wears an identical accessory: sometimes you all wear the same scarf, other times you all wear the same sweater. To avoid getting stuck with another item of questionable fashion taste, you proposed wearing a Sean John Tweed Diamond Top Fedora this year. Everyone agreed the hat was a good choice, so you bought one for every family member, and no more shopping needed to be done. Escalation
Satisficing Intuition