tag:blogger.com,1999:blog-5353471140255363906.post9131656454163807597..comments2023-08-18T03:14:38.921-07:00Comments on JuJubax: Predictably IrrationalJujubaxhttp://www.blogger.com/profile/06189263813465023517noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-5353471140255363906.post-45880661074422133432010-02-26T00:40:32.694-08:002010-02-26T00:40:32.694-08:00I had this book on my "Books to be Bought&quo...I had this book on my "Books to be Bought" list but there was no sense of urgency in owning it....until now. :-)Nimmyhttps://www.blogger.com/profile/11227810353203036224noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-39642192495556113372010-02-19T21:29:34.995-08:002010-02-19T21:29:34.995-08:00Hello All:
Have a look at his 17min TED video als...Hello All:<br /><br />Have a look at his 17min TED video also. Worth it.<br /><br />http://www.ted.com/talks/dan_ariely_asks_are_we_in_control_of_our_own_decisions.html<br /><br />regards<br />madhuJujubaxhttps://www.blogger.com/profile/06189263813465023517noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-83991654978011159492010-02-13T04:37:50.769-08:002010-02-13T04:37:50.769-08:00Hi Madhu,
Nice review as usual and reading you...Hi Madhu,<br /> Nice review as usual and reading your post was good enough motivation for me to finish reading the book.<br /> What amazes me is the fact that with apparently simple sounding experiments, Dan is able to get some interesting insights. In fact, all of his experiments would not have cost them anything to conduct, but still teaches us a lot about human behavior. Probably we should try to see if there is any learning in conducting/designing experiments as you have also mentioned. <br /> I was particularly interested in his experiment with honesty where he says that having the candidate think about moral values (either by asking them to reflect on the 10 commandments or to sign a moral/honour code) seems to elicit a much more honest behavior. <br /> After reading his experiments about the decoys forcing us to choose something that we really don't need or probably not the best value was also nice. I am sure I would have fallen to this trap in many of my purchases. Wonder if this is a systematic method employed by the sales folk..<br /> Thanks for your post which led me to read the book. As Rama has said, it was an extremely easy read and the ROI is very high.<br />Best Regards,<br />N.R. Ramesh.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-58946092601823954062010-02-07T18:33:58.348-08:002010-02-07T18:33:58.348-08:00Hi Madhu,
Nice review! I am of the view that beha...Hi Madhu,<br /><br />Nice review! I am of the view that behavioral pattern changes with the mood of the persons. Is inconsistency same as irrationality from behavioral scientists point of view? Very few psychometric tests/experiments are designed to capture real intentions and results are inversely proportional to sample size :-).<br /><br />Coming to Historians, it depends on people who wield power when it is being written at least in most cases. What was 'classified' as Sepoy Mutiny by British is 'First War of Independence' to us.<br /><br />We seem to choose what we perceive convenient to us and try to justify that. Perception of course is a n-dimensional variable!<br /><br /><br />Cheers,<br />ThiruThirukumaran Thttps://www.blogger.com/profile/15599897410792370696noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-33453405202301752432010-02-07T06:30:09.930-08:002010-02-07T06:30:09.930-08:00Thanks Madhu-san for an excellent precis of the bo...Thanks Madhu-san for an excellent precis of the book. I first saw him talking on a podcast and was impressed with the concept. I did manage to read the book and initially was skeptical of the experiments.<br /><br />I did manage to conduct (in my own small way) 3 of those experiments on a pretty large sample size - 200, 40 and 100. And in each of them, the results mirrored what Dan talks about in the book.<br /><br />The ones that I tried was the decoy experiment, the arbitrary coherence and the Free! experiments. I did try to apply it in certain business contexts and I think was reasonably successful.<br /><br />Above all, the book was an easy read - just the type that I like :)Ramahttps://www.blogger.com/profile/05015147771101596498noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-33439996816345691702010-02-05T02:33:21.764-08:002010-02-05T02:33:21.764-08:00I liked the concept of conflict between economic a...I liked the concept of conflict between economic and social worlds.<br />But I have read the example than Dan has used there (the school one). I think freakonomicsMohanakrishnan Gopalakrishnanhttps://www.blogger.com/profile/05436053298341669840noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-21498482440164267372010-02-02T20:42:28.494-08:002010-02-02T20:42:28.494-08:00Madhu-san,
Excellent article. This book goes as on...Madhu-san,<br />Excellent article. This book goes as one to be read for sure. Why not humans become totally dishonest when there is no fear of being caught??? Is it because this characteristic is burnt in our ROMs in the mind & soul from birth?<br /><br />- Praveen AthankiPraveen Athankihttps://www.blogger.com/profile/11233455818413290332noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-74490060094661462652010-02-02T11:34:55.951-08:002010-02-02T11:34:55.951-08:00Madhu-san,
A good write up that I enjoyed very mu...Madhu-san,<br /><br />A good write up that I enjoyed very much. "It appears even when we have no chance of getting caught, we don’t become wildly dishonest" is interesting indeed. Likewise, Macauley's words on man's character are thoughtful. (Though I wonder why a man's character has to be attributed only to "not-so-good" aspects. May be I am mistaken :-))<br /><br />Also, if the irrationality is consistently predictable, would it not lead and convert it to be rational as well, over a period of time? <br /><br />Thanks for sharing the review. Good info, really.<br /><br />-Pagsபகலவன் கிருஷ்ணமூர்த்திhttps://www.blogger.com/profile/08776386022709466185noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-50127397271305090032010-02-02T08:16:39.158-08:002010-02-02T08:16:39.158-08:00When I saw the name Dan Ariely, I was racking my b...When I saw the name Dan Ariely, I was racking my brains as to where I had heard about him in the recent past. A quick search on Wiki provided me the answer: Dan Ariely -> Duke Univ -> one of my college seniors -> recommended DA 4-5 months back...Good to finally read something more about him/his work through this post. Some interesting snippets there but I'm terribly sceptical of behavioral studies...its lame, I know, but maybe I've been reading all the wrong kind of literature. Will keep this book in my To-read list..<br /><br />Most of the recent non-fiction reading I've done have originated from some idea/thought I got from some random, weird source...for ex:, I was watching this really silly movie 21 which talks about how to 'count' your way to success in blackjack but what interested me more in the movie was a discussion on 'The Monty Hall problem'....and then I ended up reading so much more about it and enjoyed it..Again, something similar happened when I was reading an article about the Manhattan Project and then one thing led to another and I ended up reading that awesome book 'Surely you're joking, Mr Feynman'.. Anyway I'm rambling...<br /><br />Twas nice reading this post, Madhu-san.. Thats 2 now done for me, 8 more to go..am taking it slow n easy since you anyway seem to be posting at a snail's pace (hint hint)<br /><br />ps: Btw, this is Ramki...cudnt comment anon and you're probably not too familiar with my gmail moniker :-)Jupehttps://www.blogger.com/profile/07662543106122096212noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-63098628995817742882010-02-02T07:31:44.911-08:002010-02-02T07:31:44.911-08:00Hello Madhu san,
This is the best one! Enjoyed re...Hello Madhu san,<br /><br />This is the best one! Enjoyed reading your post.<br /><br />Warm Regards<br />KiranKiranhttps://www.blogger.com/profile/14836288029048611017noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-30940724817227903022010-02-02T02:14:25.288-08:002010-02-02T02:14:25.288-08:00Hi Mukund:
1. Yes, I do clearly recall.
2. I did ...Hi Mukund:<br /><br />1. Yes, I do clearly recall.<br />2. I did go back and checked the book. No anomaly. But,I should have said "increased with respect to the first group" which is tested under correct conditions.<br />Mea culpa.Other 3 groups had some or more freedom to cheat. Main point is that, when freedom is near 100%, still, we don't become fully dishonest. By the same token when given, we do "a little bit of cheating".Jujubaxhttps://www.blogger.com/profile/06189263813465023517noreply@blogger.comtag:blogger.com,1999:blog-5353471140255363906.post-31206579394912989372010-02-01T18:17:40.218-08:002010-02-01T18:17:40.218-08:00Interesting read, indeed. I guess this implies I m...Interesting read, indeed. I guess this implies I make a purchase on my Kindle. I can also personally relate to the Macaulay comment as you had that in a mail thread in '05 (hope you remember!). Finally, just thought of pointing out what seems like an anomaly: I thought your article attributed to increasing averages, as we went through conditions 1 through 4. Maybe I misunderstood it, but I see Condition 2 through 4 decreasing by way of average - is there a typo in there?Mukund Srinivasanhttps://www.blogger.com/profile/00551305404001053987noreply@blogger.com