Download or read book Irrationally Rational written by Viswanathan Raghunathan and published by Penguin Random House India Private Limited. This book was released on 2022-04-30 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: You and your friend each have flights to catch at 8 p.m. and your destination cities are different. You decide to share a cab, but get caught in a rare traffic jam lasting several hours. You end up at the airport around midnight, and surely enough, both of you miss your flights. All quantifiable consequences of missing the flights-cost of tickets cancellation, paying for a new ticket, taking a cab back to the city, overnight stay, taking a cab back to the airport next morning, etc.-are expectedly identical for both. Now suppose the airline assistant tells you, 'Sorry, your flight left as scheduled at 8 p.m. sharp.' But your friend is told, 'Oh, how very unfortunate. Your flight was almost four hours late and only just departed!' Who feels the greater disappointment? You or your friend? Neoclassical economics tells us that because both individuals are assumed rational, their regret levels ought to be identical since their economic consequences are identical. Behavioural economists, however, combine psychology with economics, and focus on how real people, with their cognitive biases, actually behave. The friend who just missed the flight does indeed experience greater disappointment than the one who missed the flight by a margin of four hours. Does that make one or the other irrational? Irrationally Rational takes you through the journey of such rationality-irrationality arguments, showing why economics shorn of psychology may be incomplete. It is the first book of its kind, collating the works of ten Nobel Laureates largely responsible for the rise of behavioural economics, that makes understanding behavioural economics more fun and accessible.
Download or read book Predictably Irrational written by Dan Ariely and published by Harper Collins. This book was released on 2008-02 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent, lively, humorous, and thoroughly engaging, "The Predictably Irrational" explains why people often make bad decisions and what can be done about it.
Download or read book Irrationally Rational written by Viswanathan Raghunathan and published by India Viking. This book was released on 2022-08-15 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent times, behavioral economics has become a household term. Irrationally Rational, written by V. Raghunathan, explores and explains behavioral economics in an accessible manner to the general readership. It captures the key works of the Nobel prize-winners who have contributed significantly to the evolution of behavioral economics, and will bring readers up to speed on how behavioral economics has come to eclipse, if not supplant neoclassical economics over the decades. In telling the story of the evolution of 'human irrationality', the book will also help readers understand where human psychology stands on the rationality-irrationality continuum.
Download or read book Between Rationality and Irrationality written by Mordechai Rotenberg and published by Routledge. This book was released on 2017-09-29 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jewish Scriptural interpretation entails a potential therapeutic bridge between the rational-material and the irrational-mystic in the world of psychotherapy. PaRDeS, as this system is known, is derived from the following concepts. "P" denotes peshat, the plain interpretation of the text, which translates into a rational interpretation of life. "R" symbolizes remez, hinting at a related religious concept, which becomes a symbolic view of life. "D" stands for derash, the homiletic way of interpreting a text, or a narrative reading of life. And "S" represents sod, or the mystery behind an idea, which in psychological terms becomes a mystic understanding of life. Mordechai Rotenberg believes that it is by engaging readings in a "dialogue" with each other, as in the Jewish hermeneutic tradition, the psychology underlying one's existence may be more readily understood. While Rotenberg acknowledges that it is legitimate to focus on one cognitive-rational or one narrative-storytelling therapeutic method in the course of therapy, he argues that a comprehensive theory of psychotherapy should include treatment possibilities for both rational and irrational manifestations of behavior, thereby engulfing all aspects of human behavior. For Rotenberg, a person's life becomes the "text," subject to being read and interpreted. If that person wishes to change his or her behavior via psychotherapy, then a hermeneutic system must be employed to understand that person's life. However, many systems interpret a person's life according to the particular theory espoused by the therapist. Rotenberg, in contrast, introduces a balanced theory bridging the rational and the irrational. Between Rationality and Irrationality emphasizes that it is more important for a therapist to learn his client's own "language" than to impose his own doctrinaire interpretation. This edition includes a new introduction by the author, as well as an appendix explicating an original psychological interpretation of PaRDeS
Download or read book Irrationality written by Justin E. H. Smith and published by Princeton University Press. This book was released on 2020-12-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What every leader needs to know about dignity and how to create a culture in which everyone thrives. This landmark book from an expert in dignity studies explores the essential but under-recognized role of dignity as part of good leadership. Extending the reach of her award-winning book Dignity: Its Essential Role in Resolving Conflict, Donna Hicks now contributes a specific, practical guide to achieving a culture of dignity. Most people know very little about dignity, the author has found, and when leaders fail to respect the dignity of others, conflict and distrust ensue. She highlights three components of leading with dignity: what one must know in order to honor dignity and avoid violating it; what one must do to lead with dignity; and how one can create a culture of dignity in any organization, whether corporate, religious, governmental, healthcare, or beyond. Brimming with key research findings, real-life case studies, and workable recommendations, this book fills an important gap in our understanding of how best to be together in a conflict-ridden world."--
Download or read book Predictably Irrational Revised and Expanded Edition written by Dan Ariely and published by Harper Collins. This book was released on 2010-04-27 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do our headaches persist after we take a one-cent aspirin but disappear when we take a fifty-cent aspirin? Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup? When it comes to making decisions in our lives, we think we're making smart, rational choices. But are we? In this newly revised and expanded edition of the groundbreaking New York Times bestseller, Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. From drinking coffee to losing weight, from buying a car to choosing a romantic partner, we consistently overpay, underestimate, and procrastinate. Yet these misguided behaviors are neither random nor senseless. They're systematic and predictable—making us predictably irrational.
Download or read book Everyday Irrationality written by Robyn Dawes and published by Routledge. This book was released on 2018-02-19 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robyn Dawes defines irrationality as adhering to beliefs that are inherently self-contradictory, not just incorrect, self-defeating, or the basis of poor decisions. Such beliefs are unfortunately common. This book demonstrates how such irrationality results from ignoring obvious comparisons, while instead falling into associational and story-based thinking. Strong emotion—or even insanity—is one reason for making automatic associations without comparison, but as the author demonstrates, a lot of everyday judgment, unsupported professional claims, and even social policy is based on the same kind of "everyday" irrationality.
Download or read book Irrationality written by Stuart Sutherland and published by . This book was released on 2013 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: New, 21st anniversary edition, with a new foreword by Ben Goldacre, author of Bad Science and Bad Pharma, and an afterword by James Ball, covering developments in our understanding of irrationality over the last two decades. Why do doctors, army generals, high-ranking government officials and other people in positions of power make bad decisions that cause harm to others? Why do prizes serve no useful function? Why are punishments so ineffective? Why is interviewing such an unsatisfactory method of selection? Irrationality is a challenging and thought-provoking book that draws on statistica.
Download or read book Irrationality written by Justin E. H. Smith and published by Princeton University Press. This book was released on 2019-04-02 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fascinating history that reveals the ways in which the pursuit of rationality often leads to an explosion of irrationality It’s a story we can’t stop telling ourselves. Once, humans were benighted by superstition and irrationality, but then the Greeks invented reason. Later, the Enlightenment enshrined rationality as the supreme value. Discovering that reason is the defining feature of our species, we named ourselves the “rational animal.” But is this flattering story itself rational? In this sweeping account of irrationality from antiquity to today—from the fifth-century BC murder of Hippasus for revealing the existence of irrational numbers to the rise of Twitter mobs and the election of Donald Trump—Justin Smith says the evidence suggests the opposite. From sex and music to religion and war, irrationality makes up the greater part of human life and history. Rich and ambitious, Irrationality ranges across philosophy, politics, and current events. Challenging conventional thinking about logic, natural reason, dreams, art and science, pseudoscience, the Enlightenment, the internet, jokes and lies, and death, the book shows how history reveals that any triumph of reason is temporary and reversible, and that rational schemes, notably including many from Silicon Valley, often result in their polar opposite. The problem is that the rational gives birth to the irrational and vice versa in an endless cycle, and any effort to permanently set things in order sooner or later ends in an explosion of unreason. Because of this, it is irrational to try to eliminate irrationality. For better or worse, it is an ineradicable feature of life. Illuminating unreason at a moment when the world appears to have gone mad again, Irrationality is fascinating, provocative, and timely.
Download or read book Irrationally Yours written by Dr. Dan Ariely and published by HarperCollins. This book was released on 2015-05-19 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three-time New York Times bestselling author Dan Ariely teams up with legendary The New Yorker cartoonist William Haefeli to present an expanded, illustrated collection of his immensely popularWall Street Journal advice column, “Ask Ariely”. Behavioral economist Dan Ariely revolutionized the way we think about ourselves, our minds, and our actions in his books Predictably Irrational, The Upside of Irrationality, and The Honest Truth about Dishonesty. Ariely applies this scientific analysis of the human condition in his “Ask Ariely” Q & A column in the Wall Street Journal, in which he responds to readers who write in with personal conundrums ranging from the serious to the curious: What can you do to stay calm when you’re playing the volatile stock market? What’s the best way to get someone to stop smoking? How can you maximize the return on your investment at an all-you-can-eat buffet? Is it possible to put a price on the human soul? Can you ever rationally justify spending thousands of dollars on a Rolex? In Ask Ariely, a broad variety of economic, ethical, and emotional dilemmas are explored and addressed through text and images. Using their trademark insight and wit, Ariely and Haefeli help us reflect on how we can reason our way through external and internal challenges. Readers will laugh, learn, and most importantly gain a new perspective on how to deal with the inevitable problems that plague our daily life.
Download or read book Rationality Rules and Ideals written by Walter Sinnott-Armstrong and published by Rowman & Littlefield. This book was released on 2002 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Gert's moral theory is among the clearest and most comprehensive on the contemporary scene. It touches on elements of the dominant ethical orientations---utilitarianism, Kantianism, contractionism, and virtue ethics--without fitting neatly into any of those categories. For that reason, Gert's moral theory appeals to many ethicists dissatisfied with each of the dominant formulations. Rationality, Rules, and Ideals presents Gert's Morality, the reactions by a number of prominent scholars, and Gert's response. All told, it is a remarkably wide-ranging study of ethical theory. The work is broken down into six parts, making Rationality, Rules, and Ideals perfect for a broad-ranging course on ethical theory, following Gert's critiques of utilitariansim, Kantianism, and virtue ethics. Both students and professionals will find much material to work with in this volume. The papers contribute not only to the understanding of Gert's wide-ranging theory but to a number of important topics in ethic theory, the theory of rationality, and applied ethics.
Download or read book Irrationality written by Justin Smith-Ruiu and published by Princeton University Press. This book was released on 2020-12-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: From sex and music to religion and politics, a history of irrationality and the ways in which it has always been with us—and always will be In this sweeping account of irrationality from antiquity to the rise of Twitter mobs and the election of Donald Trump, Justin Smith argues that irrationality makes up the greater part of human life and history. Ranging across philosophy, politics, and current events, he shows that, throughout history, every triumph of reason has been temporary and reversible, and that rational schemes often result in their polar opposite. Illuminating unreason at a moment when the world appears to have gone mad again, Irrationality is timely, provocative, and fascinating.
Download or read book Rationality and Irrationality written by and published by . This book was released on 2000 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Markets against Modernity written by Ryan H. Murphy and published by Rowman & Littlefield. This book was released on 2019-11-08 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Markets Against Modernity, economist Ryan Murphy documents a clear continuity between the systematic errors people make in their personal lives and the gaps between public opinion and informed opinion. These errors cluster around specific divergences between how the modern world’s institutions function—including global markets, pluralistic democracy, and even science itself—and how evolution trained our brains to understand the nature of economic relationships, social relationships, and humanity’s relationship to the physical world. Murphy calls these systematic divergences Ecological Irrationality. Exploring them leads him to even more prickly questions—and to conclusions that may challenge the beliefs of those who understand that, for instance, modern vaccines are safe and effective. Do we actually want a less cohesive society? Is doing a task yourself financially prudent? And if we recognize an expert consensus, is there even a way to implement it and achieve the desired effects?
Download or read book Negotiating Rationally written by Max H. Bazerman and published by Simon and Schuster. This book was released on 1994-01-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Negotiating Rationally, Max Bazerman and Margaret Neale explain how to avoid the pitfalls of irrationality and gain the upper hand in negotiations. For example, managers tend to be overconfident, to recklessly escalate previous commitments, and fail to consider the tactics of the other party. Drawing on their research, the authors show how we are prisoners of our own assumptions. They identify strategies to avoid these pitfalls in negotiating by concentrating on opponents’ behavior and developing the ability to recognize individual limitations and biases. They explain how to think rationally about the choice of reaching an agreement versus reaching an impasse. A must read for business professionals.
Download or read book Predictably Irrational Revised written by Dan Ariely and published by Harper. This book was released on 2010-05-11 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do our headaches persist after we take a one-cent aspirin but disappear when we take a fifty-cent aspirin? Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup? When it comes to making decisions in our lives, we think we're making smart, rational choices. But are we? In this newly revised and expanded edition of the groundbreaking New York Times bestseller, Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. From drinking coffee to losing weight, from buying a car to choosing a romantic partner, we consistently overpay, underestimate, and procrastinate. Yet these misguided behaviors are neither random nor senseless. They're systematic and predictable—making us predictably irrational.
Download or read book Rationality written by Steven Pinker and published by Penguin. This book was released on 2022-09-27 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER “In our uncertain age, which can so often feel so dark and disturbing, Steven Pinker has distinguished himself as a voice of positivity.” – New York Times Can reading a book make you more rational? Can it help us understand why there is so much irrationality in the world? Steven Pinker, author of Enlightenment Now (Bill Gates’s "new favorite book of all time”) answers all the questions here Today humanity is reaching new heights of scientific understanding--and also appears to be losing its mind. How can a species that developed vaccines for Covid-19 in less than a year produce so much fake news, medical quackery, and conspiracy theorizing? Pinker rejects the cynical cliché that humans are simply irrational--cavemen out of time saddled with biases, fallacies, and illusions. After all, we discovered the laws of nature, lengthened and enriched our lives, and set out the benchmarks for rationality itself. We actually think in ways that are sensible in the low-tech contexts in which we spend most of our lives, but fail to take advantage of the powerful tools of reasoning we’ve discovered over the millennia: logic, critical thinking, probability, correlation and causation, and optimal ways to update beliefs and commit to choices individually and with others. These tools are not a standard part of our education, and have never been presented clearly and entertainingly in a single book--until now. Rationality also explores its opposite: how the rational pursuit of self-interest, sectarian solidarity, and uplifting mythology can add up to crippling irrationality in a society. Collective rationality depends on norms that are explicitly designed to promote objectivity and truth. Rationality matters. It leads to better choices in our lives and in the public sphere, and is the ultimate driver of social justice and moral progress. Brimming with Pinker’s customary insight and humor, Rationality will enlighten, inspire, and empower.