The Upside of Irrationality: The Unexpected Benefits of Defying Logic is a book published in by behavioral economist Dan Ariely. This is Ariely’s second. Dan Ariely is a genius at understanding human behavior: no economist does a better job of uncovering and explaining the hidden reasons for the weird ways. This enhanced e-book of The Upside of Irrationality contains more than 50 minutes of video. Each chapter includes a video summary from the author as he explo.
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Mar 29, David rated it really liked ratiinality Shelves: Focusing on our behaviors at work and in relationships, he offers new insights and eye-opening truths about what really motivates us on the job, how one unwise action can become a long-term habit, how we learn to love the ones we’re with, and more. Maybe there is a limit to what an author can write or give in terms airely contents. May 22, Jill rated it it was amazing.
Ariely’s go Dan Ariely is one of my favorite non-fiction writers, so I was excited to find out that he’d come out with a new book, The Upside of Irrationalityand frustrated that I had to wait so long for it to be available at my library. I absolutely loved how he used every day toys to test his theories on the value of work. upsife
How can i contact you? Why big bonuses do not always work – the bonus structure that raises the performance of physical work often freezes out knowledge workers. The experimental foundation of the work discussed in the second book is noticeably weaker across the board, at thhe barely rising about the level of anecdotal data, with the author displaying a regrettable propensity to issue pronouncements of a general nature solely on the basis of his own personal experience.
The Upside of Irrationality – Wikipedia
This is less true for males than females though – One death is a tragedy, one million deaths are a statistic. Just to cite one example, Ariely argues that high bonuses are not effective because when high stakes are involved people get nervous, and therefore, their performance drops.
The principles explained were interesting, engaging, and thought-provoking. His new book, The Upside of Irrationality, flips that coin onto its other side and looks at hour our penchant for irrational decision-making can actually benefit us and mak Dan Ariely’s previous book on behavioral economics, Predictably Irrational was fantastic. And a lot more. So yeah, it does bring back memories and this makes Dan’s book an honor to be read and reviewed again.
The Upside of Irrationality
Or when you think you’ve thought of it yourself, as salespeople have known for ages. A continuation of his previous book, except this time the focus is on how being irrational can be a good thing. The author clearly describes the motivations behind his experiments. Unfortunately, an engaging style doesn’t quite make up for some of the book’s obvious weaknesses. Sometimes the experiments gave unanticipated results–and this was interesting, too!
The final chapter summarizes and encourages us to recognize the upside of irrationality: This can create stress and ultimately reduce the level of performance. Moment of Truth The book is very easy to read.
Using the first origami auction, he clearly shows that creators valued their creations more upsdie the passersby, but admittedly, not what caused the disparity in the evaluations. Finally, there is the unavoidable impression that a significant portion of the material is nothing more than padding the book is studded with space-filling sidebars that are notably lacking in content: Part 1 – Work-related Irrationalities 1.
Rational Economics also confounds motivation with incentives. So while I still think Predictably Irrational is the better of the two books because it’s more interesting and instructuve to see how people fail than to see how they might succeed, The Upside of Irrationality is still a very quick and very interesting read.
Throughout the 11 chapters of the book, various premises are tested by designing some easy to measure field tests which challenge our assumptions about behavior.
The I thoroughly enjoyed Ariely’s previous book Predictably Irrational: Thaler and Cass R. When asked whether reading Predictably Irrational and understanding one’s irrational behaviors could make a person’s life worse such as by defeating the benefits of a placeboAriely responded that there could be a upsise term cost, but that there would also likely be longterm benefits, and that reading his book would not make a person worse off.
The Gationality Towards the Practical. Creative ways customer seek revenge, for example, a viral video about a hotel’s bad service.
For the Upside of Irrationality, I only give it a three star because 1 the description on the various experiments is less 2 there are rather a lot of personal experiences together with stories supporting the author’s viewpoint, rendering it less scientific 3 the themes and conclusions look a bit obvious and rather thin.
Predictably Irrational holds up well against the competition: He “proves” that by offering three different winning prices a small, medium and large bonuses to random people to play various games.
Subjects were compensated to build lego characters, getting less money for each subsequent character. Many did so either cynically knowing these monstrosities would eventually blow up or simply not caring as long as fees rolled in. There is a deep interconnection between identity and labor. Compare how much money you’d give to a neighbor with cancer who lost his job compared to millions of kids with malaria in Africa.
The Upside of Irrationality: Dan Ariely is one of my favorite non-fiction writers, so I was excited to find out that he’d come out with a new book, The Upside of Irrationalityand frustrated that I had to wait so long for it to be available at my library. Therefore, Ariely argues, big bonuses are not the ean way to provide incentives to workers.