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Hace 3 días · In the book Predictably Irrational, Dan Ariely discusses the problems that come from mixing social norms with market norms. As humans, he said, we make some decisions in purely financial terms—How much is this activity worth? Does the benefit justify the cost?—but we make other decisions in terms of relationships. Applying a market lens to…
Hace 5 días · Dan Ariely * Why do our headaches persist after taking a one-cent aspirin but disappear when we take a 50-cent aspirin? ... They're systematic and predictable--making us predictably irrational.
Hace 5 días · Behavioral economics caught on among the general public with the success of books such as Dan Ariely's Predictably Irrational. Practitioners of the discipline have studied quasi-public policy topics such as broadband mapping.
Hace 4 días · Predictably Irrational by Dan Ariely. The Behavioral Investor by Daniel Crosby. Thinking, Fast and Slow by Daniel Kahneman. The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. HOW TO SUPPORT FTF
Similar Books: "Nudge" by Richard Thaler and Cass Sunstein (applies behavioral economics concepts to policy), "Predictably Irrational" by Dan Ariely (explores common biases in consumer behavior). Author's Other Works: Kahneman has written on similar themes, like "Noise" (focusing on variability in judgment).
Hace 2 días · This is evidenced by a famous choice experiment reported in Dan Ariely’s bestselling book, Predictably Irrational. When participants were offered a choice between spending $0.26 on a luxury chocolate truffle or $0.01 on a lower-quality chocolate kiss, the experimenters observed an even split of choices.
Hace 5 días · Host and Reporter. Nick Fountain is a reporter and co-host of Planet Money, where he covers the cracks in our economy that explain how the world works.
