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Dan Ariely wants to help manage your time
The Washington Post: Dan Ariely, a behavioral economist at Duke University who wrote the popular book Predictably Irrational, has a portfolio of apps he helped create for the iPhone. One, called Oranges2Apples, helped illustrate the economic concept of opportunity cost by showing
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Have and Have Not: The Widening Gap
The Huffington Post: The late Peter Drucker is widely viewed as the inventor of modern corporate management, although before his death he was discouraged by the short-sightedness of many business leaders. He was especially concerned
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Have and Have Not: The Widening Gap
The late Peter Drucker is widely viewed as the inventor of modern corporate management, although before his death he was discouraged by the short-sightedness of many business leaders. He was especially concerned about the widening
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Spotted at last: “Homo economicus”?
Discover Magazine: Economists like to say that, to a first approximation, we are. In other words, that we tend to seek to maximize our own rewards, in a more or less rational manner. The trouble
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Recognizing The Illusion Of ‘Homo Economicus’
NPR: Standard economic theory assumes that humans behave rationally and are able to objectively calculate the value (or cost) of the different choices they are presented with. In fact, we pride ourselves on our rationality.
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Why Behavioral Economics Is Cool, and I’m Not
The Huffington Post: Here are some of my favorite surprising studies. What do they have in common? • People are more likely to buy jam when they’re presented with 6 flavors than 24. • After
