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Predictably Irrational, Revised and Expanded Edition

“A marvelous book… thought provoking and highly entertaining.” —Jerome Groopman, New York Times bestselling author of How Doctors Think “Ariely not only gives us a great read; he also makes us much wiser.” —George Akerlof, 2001 Nobel Laureate in Economics “Revolutionary.” —New York Times Book Review Why do our headaches persist after we take a one-cent aspirin but disappear when we take a fifty-cent aspirin? Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup?
When it comes to making decisions in our lives, we think we're making smart, rational choices. But are we?
In this newly revised and expanded edition of the groundbreaking New York Times bestseller, Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. From drinking coffee to losing weight, from buying a car to choosing a romantic partner, we consistently overpay, underestimate, and procrastinate. Yet these misguided behaviors are neither random nor senseless. They're systematic and predictable—making us predictably irrational.
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Myeong Shin Pak
Myeong Shin Pakshared an impression5 months ago
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Irrational stories about real real life things. Pretty interested

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frame-by-frame narration
We like to make decisions based on comparisons. In the case of the three houses, we don’t know much about the contemporary (we don’t have another house to compare it with), so that house goes on the sidelines. But we do know that one of the colonials is better than the other one. That is, the colonial with the good roof is better than the one with the bad roof. Therefore, we will reason that it is better overall and go for the colonial with the good roof, spurning the contemporary and the colonial that needs a new roof.
expectations affect how we perceive and interpret sights, tastes, and other sensory phenomena, but also that our expectations can affect us by altering our subjective and even objective experiences—sometimes profoundly so.
We like to make decisions based on comparisons.
Alexander Pope once wrote: “Blessed is he who expects nothing, for he shall never be disappointed.

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