Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions
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- ISBN13: 9780061854545
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
How do we reflect about money?
What caused bankers to lose sight of the economy?
What caused individuals to take on mortgages that were not within their means?
What irrational forces guided our decisions?
And how can we recover from an economic crisis?
In this revised and expanded edition of the New York Times and Wall Street Journal bestseller Predictably Irrational, Duke University’s behavioral economist Dan Ariely explores the hidden forces that shape our decisions, including some of the causes reliable for the current economic crisis. Bringing a much-needed dose of sophisticated psychological study to the realm of public policy, Ariely offers his own insights into the irrationalities of everyday life, the decisions that led us to the financial meltdown of 2008, and the all-purpose ways we get ourselves into distress.
Blending common experiences and clever experiments with groundbreaking analysis, Ariely demonstrates how expectations, emotions, social norms, and additional invisible, seemingly illogical forces skew our reasoning abilities. As he clarifies, our reliance on standard economic theory to design personal, national, and global policies may, in fact, be treacherous. The mistakes that we make as individuals and institutions are not random, and they can aggregate in the market—with devastating results. In light of our current economic crisis, the consequences of these systematic and predictable mistakes have never been clearer.
Packed with new studies and thought-provoking responses to readers’ questions and comments, this revised and expanded edition of Predictably Irrational will change the way we interact with the world—from the tiny decisions we make in our own lives to the individual and collective choices that shape our economy.
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I was waiting for the book for more than a month and when I contacted the seller, they told me that it might was lost during the mailing, but they coudn’t provide me with more information as they don’t tracking their parcels!!!!!! really unprofessional!!! I will never buy from this seller again!!! I advice you not to do it as well!!!
Reader’s Rating: 1 / 5
It has been known for some time that people are not fully rational. The real question isn’t can we fix people. I reflect that we can not. Rather, the question is can we make machines which ARE rational. My Asa H is such an attempt (R. Jones, Trans. Kansas Acad. of Sci. vol. 109, pg 159, 2006). Artificial intelligence can be thought of as the attempt to erect the world’s first rational mind.
Reader’s Rating: 3 / 5
The book came quickly and was in the expected condition.I would use this supplier again.
Reader’s Rating: 4 / 5
There’s small to learn in this book that hasn’t been covered in copious additional books, (eg The Paradox of Choice). What disappointed me most was that all or most of the studies seem to have been conducted by the leader and his colleagues and don’t seem to be further supported by outside analysis. In addition, approx 50 pages of the book are agreed to the leader’s thoughts on the subprime mortgage crisis. Why?
Reader’s Rating: 1 / 5
I was going to buy this for my Kindle, but when I saw that the fee was over $10, I balked. Does that make me predictably irrational or does it just mean I won’t overpay?
Reader’s Rating: 1 / 5