- The more options there are, the easier it is to regret anything at all that is disappointing about the option that you chose.
- When there are lots of alternatives to consider, it is easy to imagine the attractive features of alternatives that you reject, that make you less satisfied with the alternative that you've chosen.
- Opportunity costs subtract from the satisfaction we get out of what we choose, even when what we choose is terrific.
But should this be an issue at all? If recruiters want to give special treatment to some campuses by sending their A team to interview/courting students with food/freebies/calls-and therefore giving them more choice-so what is the issue? From the student perspective and campus perspective, more choice is better since it would give more confidence to students and avoid them rushing into a career. But sometimes, specific placement rules like company preferences/spot offer or offer window system etc nullify that advantage, making the whole process akin to speed dating.
My $0.02:- Sometimes, placement systems may seem like democracy(all other options are worse!) but they do work. However, they can do with more thought and improvement on both sides