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The Predictably Irrational CD: The Hidden Forces That Shape Our Decisions

The Predictably Irrational CD: The Hidden Forces That Shape Our Decisions

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Author: Dan Ariely
Creator: Simon Jones
Publisher: HarperAudio
Category: Book

List Price: $34.95
Buy New: $18.88
You Save: $16.07 (46%)



New (24) from $18.88

Avg. Customer Rating: 4.0 out of 5 stars 87 reviews
Sales Rank: 10508

Format: Audiobook, Unabridged
Media: Audio CD
Edition: Unabridged
Number Of Items: 6
Shipping Weight (lbs): 0.3
Dimensions (in): 5.9 x 5.1 x 0.6

ISBN: 006145785X
Dewey Decimal Number: 153.83
EAN: 9780061457852
ASIN: 006145785X

Publication Date: February 1, 2008
Availability: Usually ships in 1-2 business days
Condition: Brand new audio-book on CD still factory-sealed in the shrinkwrap. Ships first class mail. 100% satisfaction guarantee or your money back!

Also Available In:

  • Hardcover - Predictably Irrational: The Hidden Forces That Shape Our Decisions
  • Audio Download - Predictably Irrational: The Hidden Forces That Shape Our Decisions (Unabridged)
  • Kindle Edition - Predictably Irrational: The Hidden Forces That Shape Our Decisions

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Editorial Reviews:

Product Description

  • Why do our headaches persist after taking a one-cent aspirin but disappear when we take a 50-cent aspirin?
  • Why does recalling the Ten Commandments reduce our tendency to lie, even when we couldn't possibly be caught?
  • Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup?
  • Why do we go back for second helpings at the unlimited buffet, even when our stomachs are already full?
  • And how did we ever start spending $4.15 on a cup of coffee when, just a few years ago, we used to pay less than a dollar?

When it comes to making decisions in our lives, we think we're in control. We think we're making smart, rational choices. But are we?

In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities.

Not only do we make astonishingly simple mistakes every day, but we make the same types of mistakes, Ariely discovers. We consistently overpay, underestimate, and procrastinate. We fail to understand the profound effects of our emotions on what we want, and we overvalue what we already own. Yet these misguided behaviors are neither random nor senseless. They're systematic and predictable—making us predictably irrational.

From drinking coffee to losing weight, from buying a car to choosing a romantic partner, Ariely explains how to break through these systematic patterns of thought to make better decisions. Predictably Irrational will change the way we interact with the world—one small decision at a time.




Customer Reviews:   Read 82 more reviews...

5 out of 5 stars Pridicatably irational   May 11, 2008
Compulsary reading for anyone in business,retail, or marketing or anyone who is a consumer! An enlightening book which points out the idiosyncracies of our purchasing decisions.


4 out of 5 stars Thought-provoking   May 10, 2008
I found the experiments fascinating.. Especially the Brad Pitt vs. George Clooney vs. Altered George Clooney experiment. Intriguing.



3 out of 5 stars Jokey but insightful   May 8, 2008
Ariely studies the way we make decisions. And his "startling" conclusion is that, while we think we are rational, we make decisions for all sorts of irrational reasons.

Tada!

While some of the observations are no-brainers, the detailed mechanics of how we make decisions (when provided) can be very interesting. For example, he talks about how we have a hard time deciding between two different things (e.g., a colonial house and a modern one), but if we have three things to choose from, and one is a defective version of another (e.g., a colonial house, a colonial house with a leaking roof, and a modern one), we tend to have an easier time, choosing the thing that is not defective, but has a defective version (e.g., the intact colonial house). Also, in general, our sense of what things are worth can be dependent on an unrelated number we have in our head (a price anchor).

The book as a whole is conversational and jokey (irritatingly so, sometimes) but offers some interesting ideas to chew on.

A quick read.



5 out of 5 stars Puts science back into workplace analysis   May 6, 2008
I am an exec in a medium to large sized company and I found Dan's book engaging, accurate and useful to my business. Behaviorial ecconomics is the new black. There is too little science in modern marketing books which is why my colleagues and I are skeptical of their efficacy and prefer this genre. This book takes an analytical approach to a field prone to pseudo sciences and puts well reasoned arguments to questions of behavior in marketing. It is also a funny book, I would have loved to have been one of his students.



5 out of 5 stars Insights you wish to share   May 4, 2008
 0 out of 1 found this review helpful

What a fascinating book.

The book cover and pages were not welcoming, but after starting to read it felt like you are in a good place for conversation, and that it is well worth your time to listen.

For example:
1. Which friend to take with you to a party?
The answer: he'd better be similar but inferior in some aspect
(a -a b)
2. How our stand on issues is determined?
The answer: it is highly sensitive to inital conditions.

I take it with me even to the beach to share with friends the newly set or newly phrased insights to how we behave.


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