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Predictably Irrational, Revised and Expanded Edition

The Hidden Forces That Shape Our Decisions

By Dan Ariely

(10)

| Others | 9780061854545

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Book Description

And how can we recover from an economic crisis?In this revised and expanded edition ofthe New York Times and Wall Street Journal bestseller Predictably...

2 Reviews

Generally this is a good book, but there are a few places in which Ariely seems weak on what standard economic theory actually is as he criticizes it. Some readers in cognitive sciences may not find that this book is particularly insightful, or presents anything new, but this book probably is not t ... (continue)

Generally this is a good book, but there are a few places in which Ariely seems weak on what standard economic theory actually is as he criticizes it. Some readers in cognitive sciences may not find that this book is particularly insightful, or presents anything new, but this book probably is not targeted at those readers. Those who study economics, particularly of more heterodox viewpoints will find this book fascinating. Those of more mainstream economic viewpoints will probably find it does not speak to their worldview.

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Mikestu231 said on Oct 4, 2011 | Add your feedback

*** This comment contains spoilers! ***

An interesting book, with topics similar as in Sway and Nudge.
We are easily manipulated by
- the presense of object for easy comparison
- anchors/goslings with our first impression
- free items (avoidace of loss aversion?)
- social norms vs market norms (when money is involved in asking fo ... (continue)

An interesting book, with topics similar as in Sway and Nudge.
We are easily manipulated by
- the presense of object for easy comparison
- anchors/goslings with our first impression
- free items (avoidace of loss aversion?)
- social norms vs market norms (when money is involved in asking for assistance)
- emotion: we generally underestimate the impulse of emotion
- the tendency of keeping options available with no real benefits
- effect of expectations: when we believe something will be good, it generally will be good

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Waleswong said on May 24, 2010 | Add your feedback