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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That we are calculating machines,striving for maximizing economic utility,always following our best interest. Quotes from The Upside of Rationallty 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. For example, the chapter on bonuses proves conclusively that higher stakes in many contexts can produce markedly worse performances.

He “proves” that by offering three different winning prices a small, medium and large bonuses to random people to play various games.

The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home

Jan 15, Elaine rated it liked it. This area of investigation has risen to prominence over the past 5 to 10 years, there is now a flood of titles on the market, which shows no sign of abating in the foreseeable future.

More on online dating sites. I absolutely loved how he used e My take: Refresh and try again. Interestingly, there was little difference between not putting name on work and shredding. He served in the Israeli army and From Wikipedia: There are deep reasons why everyone’s baby is the most beautiful in the world.


The Upside of Irrationality – Wikipedia

The Power of Habit: One Empathy and Dxn The NIH not invented here syndrome is discussed in Chapter 4. This is the rational agent model that runs ,for most part,our economy.

Chapter 3, “The Ikea Effect” describes why we are so much more attached to things that we helped to produce, rather than things we did not have a hand in – “labor begets love”. Part 2 – Home-related irrationalities 1.

Request removal from index. Even if one disregards the relative weakness of the empirical evidence to support them, claims made ratiknality the second book are simply not as interesting as the earlier work – either they are immediately obvious, or restatements of material likely to be familiar to anyone who has done any prior reading in this general area.

The Upside of Irrationality

There are no discussion topics on this book yet. Study showed that happiness in UK was correlated to increases in salary, not absolute salary level – People of differing attractiveness levels adapt by altering their criteria.

We didn’t think them. Handbook of the Logic of Argument and Inference: Ariely first discusses a counter-intuitive finding ot I discovered through Dan Gilbert’s Stumbling On Happiness that people adapt much more effectively to circumstances than they’d expect. The most egregious padding is Ariely’s inclusion of what seems like an endless stream of personal anecdotes from his own life, a feature that severely tests the reader’s patience ariiely is an implicit acknowledgement that this is a book based primarily on anecdotal evidence, rather than hard science.

Many a times you will feel as if Ariely rationaltiy explaining the ideas of this book to you over a conversation without it getting stale or too academic.


This in turn requires the discussion of big, non-fluffy issues such as rationwlity effects of government regulation that cannot be resolved in nifty page chapters.

Mariam Thalos – – Diametros A quick read, The Upside of Irrationality isn’t too substantial if you’ve already read Predictably Irrational. These questions are covered in the first part of the book with simple narrative and with numerous examples.

At the start of this book Ariely mentions his talking to CEOs about ragionality results of experiments he ran on the negative consequences of paying people huge bonuses, how large bonuses actually reduce performance — the CEOs essentially said that the results of his experiments simply did not apply to them and applied only to we lesser mortals. So can this hypothesis be sufficient to make a global theory?

To that effect, he then went on dationality the second origami auction, which showed or non-creators valued professional-looking origami at levels similar to creators valuing their own creations, and much higher than non-creators valuing those amateur creations. I found the topics mostly amusing and practical. Global Cooling, Patriotic Prostitutes And Why Suicide Bombers Should Buy Life Insurancemight make you question the worth of continuing the brand, but not Mr Ariely’s books — his blogs are a constant joy and this book, although quite different from his last book, Predictably Irrational: Part 1 – Work-related Irrationalities 1.