A Harvard Business School student pays over $200 for a $20 bill. Washington, D.C., commuters ignore a free subway concert by a violin prodigy. A veteran airline pilot attempts to take off without control-tower clearance and collides with another plane on the runway. Why do we do the wildly irrational things we sometimes do?
Drawing on cutting-edge research from the fields of social psychology, behavioral economics, and organizational behavior, brothers Ori and Rom Brafman reveal the dynamic forces that act on us repeatedly over time, affecting nearly every aspect of our personal and business lives. They show how we are sabotaged by loss aversion (going to great lengths to avoid perceived losses), the diagnosis bias (ignoring evidence that contradicts our initial take on a person or situation), and commitment (even when a plan isn't working, we are reluctant to change course).
Weaving together colorful stories about dot-com millionaires, game-show audiences, NBA coaches, and the U.S. Supreme Court, this audiobook tours the flip side of reason and points us toward a more rational life.
©2008 Copyright © Ori and Rom Brafman. Recorded by arrangement with Currency/Doubleday Broadway Publishing Group, a division of Random House, Inc.; (P)2008 HighBridge Company
"Brilliant." (Klaus Schwab, chairman of the World Economic Forum)
"Sway helped me recognize an aspect of irrational behavior in my experimental work in physics. Sometimes I have jumped into some research that didn't feel quite right...but some irrational lure, such as the hope of quick success, pulled me in." (Martin L. Perl, 1995 Nobel Laureate in physics)
It was okay however I would spend my time listing to
Outliers: The Story of Success
By Malcolm Gladwell
And Life Code by Dr. Phil.
It was a good book liked with good information, but if you already read a lot about behavioral theory, psychology, or behavioral economics. Most of the studies are well published and nothing new or exciting. A good review though.
In short, it's a good source for avoiding the trap "you don't know what you don't know" about yourself and people's behavior at large. It will inform you of several biases and misconceptions that influence people's life and decision-making processes.
The author does an excellent job of using specific examples to help illustrate the lessons. The listener is given both the theoretical (for more abstract thinkers), and specific examples to help others relate and understand. Very informative, and exceptionally well organized.
I got this book during a sale. It has some fun facts in it that I would have liked the author to expand on. I would not have purchased for the list price, nor would I waste a credit on it.
I like it.
Too hard to choose.
No, too much to absorb in one sitting.
Good information about how we all make decisions. Helpful in keeping our heads properly attached... even if we aren't always able to.
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