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  • Expectations, Higher Standards, Behavioral Economics, and Politics
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Expectations, Higher Standards, Behavioral Economics, and Politics

Authors@Google: Dan Ariely

Professor Dan Ariely visits Google's Mountain View, CA headquarters to discuss his book "Predictably Irrational: The Hidden Forces That Shape Our...


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Expectations, Higher Standards, Behavioral Economics, and Politics

I have seen a few people a little saddened by some of Obama’s recent moves, especially geeks on the FISA vote, which upset me too. It is wrong. We need new privacy policy. As I thought about this, I started to think about expectations. By taking the higher ground, and telling us that he will do [...]

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Predictably Irrational

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Fantastic Video

The author of Predictably Irrational recently gave a fantastic talk at Google. His optical illusion metaphor is brilliant. It's amazing that we are willing to recognize that we "fall" for optical illusions (actually, it's impossible to not "fall" for them), but we assume that our brains are infallible. Yet our brains are what control our visual perception! Towards the end...

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Information asymmetry and innovation

Let's take information asymmetry: I have a brand new bicycle that I bought yesterday and never used it. I paid 100 bucks for it. Then you come and say "cool bike!" Then I say "it's yours for 200 bucks." If you find out I bought my bicycle for 100 bucks, you'll feel ripped off if I charge you 200 for it. So I never tell you that . There's also that rule mama always tells you: "after you buy something,...

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Dan Ariely - Predictably Irrational At Google Authors

Here's a video of Dan Ariely (author of " Predictably Irrational ") in his recent talk for the Google Authors program. Ariely has written a fascinating book about some of the cognitive and behavioral biases that most of us exhibit. If you listen carefully, you'll find that he even gives a hint about how to increase your student evaluations.

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Behavioral economics podcasts and webcasts

Here is a list of lectures and interviews on behavioral economics, which can be used as additional materials for teaching. Nobel Memorial Prize Lecture by George Akerlof on Behavioral Macroeconomics and Macroeconomic Behavior Nobel Memorial Prize Lecture by Daniel Kahneman on Maps of Bounded Rationality Interview with Daniel Kahneman on YouTube (Conversation with History) Richard Thaler on Libertarian...