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Dan Ariely on the Truth About Dishonesty, Animated

"Under what circumstances would you lie, or cheat, and what effect does your deception have on society at large? Dan Ariely, one of the world's leading voices on human motivation and behaviour is the latest big thinker to get the RSA Animate treatment.

The relationship between preferences and actions. (a) the view from neo-classical economics, in which a calculation of hedonic utility underlies behavior. In this view, preferences cause actions and actions reveal preferences. (b) captures the authors’ account, where behavior is driven by hedonic utility AND by situational factors, causing individuals to erroneously infer stable preferences from their actions.Later behavior is also driven in part by biased memories for these inferred…

The relationship between preferences and actions. (a) the view from neo-classical economics, in which a calculation of hedonic utility underlies behavior. In this view, preferences cause actions and actions reveal preferences. (b) captures the authors’ account, where behavior is driven by hedonic utility AND by situational factors, causing individuals to erroneously infer stable preferences from their actions.Later behavior is also driven in part by biased memories for these inferred…

I am on a tight schedule (study group) https://docs.google.com/document/d/1UPxmjJXPWRAntxPvAoN9qTz3xUv1ujgVTHyDMCsXq3A/edit?usp=sharing  https://docs.google.com/document/d/1UPxmjJXPWRAntxPvAoN9qTz3xUv1ujgVTHyDMCsXq3A  https://docs.google.com/document/d/1_SL33-yrklJppLeDczVg8x3rV-k_BDiSt5i3nrtKPxY

I am on a tight schedule (study group) https://docs.google.com/document/d/1UPxmjJXPWRAntxPvAoN9qTz3xUv1ujgVTHyDMCsXq3A/edit?usp=sharing https://docs.google.com/document/d/1UPxmjJXPWRAntxPvAoN9qTz3xUv1ujgVTHyDMCsXq3A https://docs.google.com/document/d/1_SL33-yrklJppLeDczVg8x3rV-k_BDiSt5i3nrtKPxY

Arielys artiklar: http://web.mit.edu/ariely/www/MIT/papers.shtml

Arielys artiklar: http://web.mit.edu/ariely/www/MIT/papers.shtml

ttp://www.getstudyroom.com/course/61995

ttp://www.getstudyroom.com/course/61995

Kahneman  http://www.youtube.com/watch?feature=player_embedded=JiTz2i4VHFw

Kahneman http://www.youtube.com/watch?feature=player_embedded=JiTz2i4VHFw

Ikea effect: if you have put effort into a particular thing that you've bought-you will love it more.  Self-hearding: you have previously made a choice/decision about something and this affects also your future choices in this area. Human need for revenge: we can get really angry with people that have betrayed our trust(bad customer service is worse than a machine not working)

It's become increasingly obvious that the dismal science of economics is not as firmly grounded in actual behavior as was once supposed. In "Predictably Irrational," Dan Ariely tells us why.

If we only have money in the equation then it is not as valuable because then it is all about opportunity cost. The representation of e.g. a cup of cappuccino is higher than $3. Thus, we can take that money and make it specific, concrete - make it less valuable from an economic perspective but yet give it a higher perceived value. By doing this, you can change how people make decisions. ($1000 panasonic vs $700sony, $1000 sony incl cds for $300)

If we only have money in the equation then it is not as valuable because then it is all about opportunity cost. The representation of e.g. a cup of cappuccino is higher than $3. Thus, we can take that money and make it specific, concrete - make it less valuable from an economic perspective but yet give it a higher perceived value. By doing this, you can change how people make decisions. ($1000 panasonic vs $700sony, $1000 sony incl cds for $300)

Dan Arielys webbsida

Behavioral economics and the closely related field of behavioral finance couple scientific research on the psychology of decision making with economic theory.

2. Brief brand exposures: exposure to a brand can have unconsious positive effects. (exposure to Apple could do us more creative than exposure to IBM, wearing the same jacket as Michael Phelps could make us swim faster). I.e. surrounding yourself with certain things can thus affect your performance. A successful strategic user thinks of this.

2. Brief brand exposures: exposure to a brand can have unconsious positive effects. (exposure to Apple could do us more creative than exposure to IBM, wearing the same jacket as Michael Phelps could make us swim faster). I.e. surrounding yourself with certain things can thus affect your performance. A successful strategic user thinks of this.

Restriction of freedom- the backlash effect: sometimes we can "decide" to behave really irrational, just because we want to prove ourselves that we are in control. Even if might backlash and be not healthy for us (vi kan få lida för det) så kan vi gör det (tex gå genom hela staden i regn för att köpa 2l coca-cola istället för att köpa 2st 1l flaskor runt hörnet). Välja att äta onyttigt bara för att en (fel)person säger att vi måste äta nyttigt.

Restriction of freedom- the backlash effect: sometimes we can "decide" to behave really irrational, just because we want to prove ourselves that we are in control. Even if might backlash and be not healthy for us (vi kan få lida för det) så kan vi gör det (tex gå genom hela staden i regn för att köpa 2l coca-cola istället för att köpa 2st 1l flaskor runt hörnet). Välja att äta onyttigt bara för att en (fel)person säger att vi måste äta nyttigt.

Mindmap: week1

Decision tree of Dan Ariely lecture from class!

Pluralistic ignorance: när något förklaras för en stor grupp så vågar vi inte stoppa föreläsaren för att säga att vi inte förstår (vi tror ju att alla andra förstår och vill inte verka dumma).

Pluralistic ignorance: när något förklaras för en stor grupp så vågar vi inte stoppa föreläsaren för att säga att vi inte förstår (vi tror ju att alla andra förstår och vill inte verka dumma).

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