-
Misbehaving
- The Making of Behavioral Economics
- Narrated by: L. J. Ganser
- Length: 13 hrs and 35 mins
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Get 2 free audiobooks during trial.
Buy for $24.95
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
Editorial reviews
Publisher's summary
Get ready to change the way you think about economics.
Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans - predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth - and change the way we think about economics, ourselves, and our world.
Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments.
Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens listeners about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building to TV game shows, the NFL draft, and businesses like Uber.
Laced with antic stories of Thaler's spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining.
Featured Article: The 20 Best Business Audiobooks to Launch Your Next Career Move
From thought leadership pieces on productivity to in-depth programs for organizing your team and inspiring innovation, there are numerous areas you can develop in your career. And whether you want to build your own business or are just looking to develop interpersonal skills, these business audiobooks keep it simple and to the point. Discover how to level up your career.
More from the same
Related to this topic
-
The Myth of the Rational Market
- A History of Risk, Reward, and Delusion on Wall Street
- By: Justin Fox
- Narrated by: Alan Sklar
- Length: 13 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.
-
-
Probably most interesting to economists
- By D. Martin on 06-29-12
By: Justin Fox
-
The Money Formula
- Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
- By: Paul Wilmott, David Orrell
- Narrated by: Gavin Osborn
- Length: 8 hrs and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative point of view - this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
By: Paul Wilmott, and others
-
Tap Dancing to Work
- Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
- By: Carol J. Loomis
- Narrated by: Susan Boyce, Barry Press
- Length: 17 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
When Carol Loomis first mentioned a little-known Omaha hedge-fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor - nor that she and Buffett would become close personal friends. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view.
-
-
A collection of finance articles - not a biography
- By Gerardo A Dada on 08-23-13
By: Carol J. Loomis
-
Success and Luck
- Good Fortune and the Myth of Meritocracy
- By: Robert H. Frank
- Narrated by: Robert H. Frank
- Length: 5 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine.
-
-
Not what is advertised
- By Andre on 04-18-17
By: Robert H. Frank
-
The Index Revolution
- Why Investors Should Join It Now
- By: Charles D. Ellis
- Narrated by: LJ Ganser
- Length: 4 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Index Revolution argues that active investing is a loser's game, and that a passive approach is more profitable in today's market. By adjusting your portfolio asset weights to match a performance index, you consistently earn higher rates of returns and come out on top in the long run. This book explains why, and describes how individual investors can take advantage of indexing to make their portfolio stronger and more profitable.
-
-
A great Investment Strategy based on Academics
- By Pettit Family on 07-25-18
By: Charles D. Ellis
-
The Art of Strategy
- A Game Theorist's Guide to Success in Business and Life
- By: Barry J. Nalebuff, Avinash K. Dixit
- Narrated by: Matthew Dudley
- Length: 17 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies - from pop culture, TV, movies, sports, politics, and history - the authors show how nearly every business and personal interaction has a game-theory component to it.
-
-
Completely misleading title
- By Motorjaw on 01-28-15
By: Barry J. Nalebuff, and others
-
The Myth of the Rational Market
- A History of Risk, Reward, and Delusion on Wall Street
- By: Justin Fox
- Narrated by: Alan Sklar
- Length: 13 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.
-
-
Probably most interesting to economists
- By D. Martin on 06-29-12
By: Justin Fox
-
The Money Formula
- Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
- By: Paul Wilmott, David Orrell
- Narrated by: Gavin Osborn
- Length: 8 hrs and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative point of view - this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
By: Paul Wilmott, and others
-
Tap Dancing to Work
- Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
- By: Carol J. Loomis
- Narrated by: Susan Boyce, Barry Press
- Length: 17 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
When Carol Loomis first mentioned a little-known Omaha hedge-fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor - nor that she and Buffett would become close personal friends. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view.
-
-
A collection of finance articles - not a biography
- By Gerardo A Dada on 08-23-13
By: Carol J. Loomis
-
Success and Luck
- Good Fortune and the Myth of Meritocracy
- By: Robert H. Frank
- Narrated by: Robert H. Frank
- Length: 5 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine.
-
-
Not what is advertised
- By Andre on 04-18-17
By: Robert H. Frank
-
The Index Revolution
- Why Investors Should Join It Now
- By: Charles D. Ellis
- Narrated by: LJ Ganser
- Length: 4 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Index Revolution argues that active investing is a loser's game, and that a passive approach is more profitable in today's market. By adjusting your portfolio asset weights to match a performance index, you consistently earn higher rates of returns and come out on top in the long run. This book explains why, and describes how individual investors can take advantage of indexing to make their portfolio stronger and more profitable.
-
-
A great Investment Strategy based on Academics
- By Pettit Family on 07-25-18
By: Charles D. Ellis
-
The Art of Strategy
- A Game Theorist's Guide to Success in Business and Life
- By: Barry J. Nalebuff, Avinash K. Dixit
- Narrated by: Matthew Dudley
- Length: 17 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies - from pop culture, TV, movies, sports, politics, and history - the authors show how nearly every business and personal interaction has a game-theory component to it.
-
-
Completely misleading title
- By Motorjaw on 01-28-15
By: Barry J. Nalebuff, and others
-
Heads I Win, Tails I Win
- Why Smart Investors Fail and How to Tilt the Odds in Your Favor
- By: Spencer Jakab
- Narrated by: Sean Pratt
- Length: 8 hrs and 30 mins
- Unabridged
-
Overall
-
Performance
-
Story
According to Wall Street Journal investing columnist Spencer Jakab, most of us have no idea how much money we're leaving on the table - or that the average saver doesn't come anywhere close to earning the "average" returns touted in those glossy brochures. We're handicapped not only by psychological biases and a fear of missing out but by an industry with multimillion-dollar marketing budgets and an eye on its own bottom line, not yours.
-
-
Got my head screwed on straight
- By Rob Barry on 12-20-18
By: Spencer Jakab
-
Predictably Irrational
- The Hidden Forces That Shape Our Decisions
- By: Dan Ariely
- Narrated by: Simon Jones
- Length: 7 hrs and 22 mins
- Unabridged
-
Overall
-
Performance
-
Story
In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities.
-
-
Good lessons, mediocre science?
- By William Stanger on 02-24-09
By: Dan Ariely
-
Charlie Munger
- The Complete Investor
- By: Tren Griffin
- Narrated by: Fred Stella
- Length: 6 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom" - a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management - allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment.
-
-
Good, but... one major annoyance
- By Joseph R. Compton on 02-26-16
By: Tren Griffin
-
The Education of a Value Investor
- My Transformative Quest for Wealth, Wisdom and Enlightenment
- By: Guy Spier
- Narrated by: Malk Williams
- Length: 6 hrs and 28 mins
- Unabridged
-
Overall
-
Performance
-
Story
What happens when a young Wall Street investment banker spends a small fortune to have lunch with Warren Buffett? He becomes a real value investor. In this fascinating inside story, Guy Spier details his career from Harvard MBA to hedge fund manager. But the path was not so straightforward. Spier reveals his transformation from a Gordon Gekko wannabe, driven by greed, to a sophisticated investor who enjoys success without selling his soul to the highest bidder.
-
-
Malk Williams does a superb job.
- By Guy Spier on 11-30-14
By: Guy Spier
-
Pricing the Future
- Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation
- By: George Szpiro
- Narrated by: Brian Troxell
- Length: 10 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Financial economist George G. Szpiro here tells the fascinating stories of the pioneers of mathematical finance who conducted the search for the elusive options pricing formula. From the broker's assistant who published the first mathematical explanation of financial markets to Albert Einstein and other scientists, Pricing the Future retraces the historical and intellectual developments that ultimately led to the widespread use of mathematical models to drive investment strategies on Wall Street.
-
-
Petty details detract from the topic
- By Philo on 04-08-12
By: George Szpiro
-
Phishing for Phools
- The Economics of Manipulation and Deception
- By: George A. Akerlof, Robert J. Shiller
- Narrated by: Bronson Pinchot
- Length: 7 hrs and 11 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception.
-
-
Useful for a certain audience, but ...
- By Philo on 02-29-16
By: George A. Akerlof, and others
-
Warren Buffett's Ground Rules
- Words of Wisdom from the Partnership Letters of the World's Greatest Investor
- By: Jeremy C. Miller
- Narrated by: Tom Perkins
- Length: 10 hrs and 11 mins
- Unabridged
-
Overall
-
Performance
-
Story
Compiled for the first time, and with Buffett's permission, these letters spotlight his contrarian diversification strategy, his almost religious celebration of compounding interest, his preference for conservative rather than conventional decision making, and his goal and tactics for bettering market results by at least 10 percent annually. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before.
-
-
Absolutely fantastic
- By Matthew on 08-18-16
By: Jeremy C. Miller
-
Pound Foolish
- Exposing the Dark Side of the Personal Finance Industry
- By: Helaine Olen
- Narrated by: Lyn Landon
- Length: 9 hrs and 1 min
- Unabridged
-
Overall
-
Performance
-
Story
For the past few decades, Americans have spent billions of dollars on personal finance products. As salaries have stagnated and companies have cut back on benefits, we've taken matters into our own hands, embracing the can-do attitude that if we're smart enough, we can overcome even daunting financial obstacles. But that's not true. In this meticulously reported and shocking audiobook, journalist and former financial columnist Helaine Olen goes behind the curtain of the personal finance industry to expose the myths, contradictions, and outright lies it has perpetuated.
-
-
The dark side of my industry
- By jfoxcpacfp on 06-15-13
By: Helaine Olen
-
Perfect Bet
- How Science and Math Are Taking the Luck out of Gambling
- By: Adam Kucharski
- Narrated by: Jonathan Yen
- Length: 8 hrs and 34 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the simple to the intricate and the audacious to the absurd, Adam Kucharski reveals the long and tangled history between betting and science and explains why gambling continues to generate insights into luck and decision making today. Covering exploits and ideas from across the globe, he meets the teams behind hedge funds that capitalize on inaccurate sports betting odds and explains how PhD-level pundits are using methods originally developed for the US nuclear program to predict sports results.
-
-
Nontechnical, wandering far beyond "gaming"
- By Philo on 04-02-16
By: Adam Kucharski
-
Ahead of the Curve
- Two Years at Harvard Business School
- By: Philip Delves Broughton
- Narrated by: Simon Vance
- Length: 10 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
In 2004 Philip Delves Broughton abandoned a post as Paris bureau chief of the London Daily Telegraph to join 900 other would-be tycoons on the Harvard Business School's plush campus. With acute and often uproarious candor, he assesses the school's success at teaching the traits it extols as most important in business: leadership, decisiveness, ethical behavior, and work/life balance.
-
-
On one breath.
- By Atkins on 05-17-22
-
The Behavior Gap
- Simple Ways to Stop Doing Dumb Things with Money
- By: Carl Richards
- Narrated by: Carl Richards
- Length: 3 hrs and 32 mins
- Unabridged
-
Overall
-
Performance
-
Story
Why do we lose money? It's easy to blame the economy or the financial markets - but the real trouble lies in the decisions we make. As a financial planner, Carl Richards grew frustrated watching people he cared about make the same mistakes over and over. They were letting emotion get in the way of smart financial decisions. He named this phenomenon - the distance between what we should do and what we actually do - "the behavior gap". He found that once people understood it, they started doing much better.
-
-
Average across the board
- By michael on 01-23-18
By: Carl Richards
-
The Up Side of Down
- Why Failing Well Is the Key to Success
- By: Megan McArdle
- Narrated by: Mia Barron
- Length: 10 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Most new products fail. So do most small businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? If you want to succeed in business and in life, Megan McArdle argues in this hugely thought-provoking book, you have to learn how to harness the power of failure. McArdle has been one of our most popular business bloggers for more than a decade, covering the rise and fall of some the world' s top companies and challenging us to think differently about how we live, learn, and work.
-
-
Good Book
- By Ray on 05-21-14
By: Megan McArdle
People who viewed this also viewed...
-
Nudge: The Final Edition
- Improving Decisions About Money, Health, and the Environment
- By: Richard H. Thaler, Cass R. Sunstein
- Narrated by: Sean Pratt
- Length: 11 hrs and 33 mins
- Unabridged
-
Overall
-
Performance
-
Story
Since the original publication of Nudge more than a decade ago, the title has entered the vocabulary of businesspeople, policy makers, engaged citizens, and consumers everywhere. The book has given rise to more than 200 "nudge units" in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful "choice architecture" - a concept the authors invented - to help us make better decisions for ourselves, our families, and our society.
-
-
Doesn’t include a Pdf of the images the book calls out
- By John O'Connell on 08-03-21
By: Richard H. Thaler, and others
-
The House of Morgan
- An American Banking Dynasty and the Rise of Modern Finance
- By: Ron Chernow
- Narrated by: Robertson Dean
- Length: 34 hrs and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P.Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece.
-
-
The construction of the House of Morgan
- By Darwin8u on 10-22-18
By: Ron Chernow
-
The Winner's Curse
- Paradoxes and Anomalies of Economic Life
- By: Richard H. Thaler
- Narrated by: Arthur Morey
- Length: 7 hrs and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers - they pay too much and suffer the "winner's curse"; why gamblers bet on long shots at the end of a losing day; why shoppers will save on one appliance only to pass up the identical savings on another; and more.
-
-
great book not a great audiobook
- By Jenni on 03-11-21
-
Devil Take the Hindmost
- A History of Financial Speculation
- By: Edward Chancellor
- Narrated by: Nigel Patterson
- Length: 13 hrs and 29 mins
- Unabridged
-
Overall
-
Performance
-
Story
Devil Take the Hindmost is a lively, original, and challenging history of stock market speculation from the 17th century to the present day. Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world.
-
-
Well-picked scenes span tulips up to 20 years ago
- By Philo on 03-07-19
-
Nudge
- Improving Decisions About Health, Wealth, and Happiness [Expanded Edition]
- By: Richard H. Thaler, Cass R. Sunstein
- Narrated by: Sean Pratt
- Length: 11 hrs and 26 mins
- Unabridged
-
Overall
-
Performance
-
Story
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.
-
-
An overly long Nudge in the right direction
- By Jay on 06-08-13
By: Richard H. Thaler, and others
-
Summary: Confessions of an Advertising Man by David Ogilvy
- By: Chase Adams
- Narrated by: Kevin Theis
- Length: 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
This is an audio summary of the classic book Confessions of an Advertising Man by David Ogilvy, legendary advertising copywriter and businessman.
-
-
Bizarre
- By CourtneyWNY on 02-07-19
By: Chase Adams
-
Nudge: The Final Edition
- Improving Decisions About Money, Health, and the Environment
- By: Richard H. Thaler, Cass R. Sunstein
- Narrated by: Sean Pratt
- Length: 11 hrs and 33 mins
- Unabridged
-
Overall
-
Performance
-
Story
Since the original publication of Nudge more than a decade ago, the title has entered the vocabulary of businesspeople, policy makers, engaged citizens, and consumers everywhere. The book has given rise to more than 200 "nudge units" in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful "choice architecture" - a concept the authors invented - to help us make better decisions for ourselves, our families, and our society.
-
-
Doesn’t include a Pdf of the images the book calls out
- By John O'Connell on 08-03-21
By: Richard H. Thaler, and others
-
The House of Morgan
- An American Banking Dynasty and the Rise of Modern Finance
- By: Ron Chernow
- Narrated by: Robertson Dean
- Length: 34 hrs and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P.Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece.
-
-
The construction of the House of Morgan
- By Darwin8u on 10-22-18
By: Ron Chernow
-
The Winner's Curse
- Paradoxes and Anomalies of Economic Life
- By: Richard H. Thaler
- Narrated by: Arthur Morey
- Length: 7 hrs and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers - they pay too much and suffer the "winner's curse"; why gamblers bet on long shots at the end of a losing day; why shoppers will save on one appliance only to pass up the identical savings on another; and more.
-
-
great book not a great audiobook
- By Jenni on 03-11-21
-
Devil Take the Hindmost
- A History of Financial Speculation
- By: Edward Chancellor
- Narrated by: Nigel Patterson
- Length: 13 hrs and 29 mins
- Unabridged
-
Overall
-
Performance
-
Story
Devil Take the Hindmost is a lively, original, and challenging history of stock market speculation from the 17th century to the present day. Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world.
-
-
Well-picked scenes span tulips up to 20 years ago
- By Philo on 03-07-19
-
Nudge
- Improving Decisions About Health, Wealth, and Happiness [Expanded Edition]
- By: Richard H. Thaler, Cass R. Sunstein
- Narrated by: Sean Pratt
- Length: 11 hrs and 26 mins
- Unabridged
-
Overall
-
Performance
-
Story
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.
-
-
An overly long Nudge in the right direction
- By Jay on 06-08-13
By: Richard H. Thaler, and others
-
Summary: Confessions of an Advertising Man by David Ogilvy
- By: Chase Adams
- Narrated by: Kevin Theis
- Length: 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
This is an audio summary of the classic book Confessions of an Advertising Man by David Ogilvy, legendary advertising copywriter and businessman.
-
-
Bizarre
- By CourtneyWNY on 02-07-19
By: Chase Adams
-
Nudge
- Improving Decisions About Health, Wealth, and Happiness
- By: Richard H. Thaler, Cass R. Sunstein
- Narrated by: Sean Pratt
- Length: 10 hrs and 35 mins
- Unabridged
-
Overall
-
Performance
-
Story
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder. Our mistakes can make us poor and unhealthy. We often make bad decisions about education, personal finance, health care, family, and the environment.
-
-
Beware: Vehicle for Getting Up on a Soap Box
- By Stephen on 08-13-08
By: Richard H. Thaler, and others
-
The Personal MBA: Master the Art of Business
- By: Josh Kaufman
- Narrated by: Josh Kaufman
- Length: 15 hrs and 25 mins
- Unabridged
-
Overall
-
Performance
-
Story
Josh Kaufman founded PersonalMBA.com as an alternative to the business school boondoggle. His blog has introduced hundreds of thousands of readers to the best business books and most powerful business concepts of all time. Now, he shares the essentials of entrepreneurship, marketing, sales, negotiation, operations, productivity, systems design, and much more, in one comprehensive volume. The Personal MBA distills the most valuable business lessons into simple, memorable mental models that can be applied to real-world challenges.
-
-
Not an MBA, But A Damn Decent Experience.
- By Cori on 01-20-13
By: Josh Kaufman
-
Thinking Like an Economist: A Guide to Rational Decision Making
- By: Randall Bartlett, The Great Courses
- Narrated by: Randall Bartlett
- Length: 6 hrs and 11 mins
- Original Recording
-
Overall
-
Performance
-
Story
Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
-
-
Great for beginners, nothing you for an economist
- By V. Taras on 07-08-15
By: Randall Bartlett, and others
-
Behavioral Economics for Leaders
- Research-Based Insights on the Weird, Irrational, and Wonderful Ways Humans Navigate the Workplace 1st Edition
- By: Mattias Sutter
- Narrated by: William Paul Williams
- Length: 5 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Behavioral Economics for Leaders: Research-Based Insights on the Weird, Irrational, and Wonderful Ways Humans Navigate the Workplace is an accessible and unique approach to implementing the many lessons of behavioral economics in your own leadership strategy. You’ll explore how and why your team members often don’t make rational decisions ― and why that can be a good thing.
By: Mattias Sutter
-
Reality Transurfing. Steps I-V
- By: Vadim Zeland
- Narrated by: Edward Scott Pickett
- Length: 36 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
Transurfing is a powerful tool for managing reality. Apply it and life will begin to change according to YOUR order. When you use Transurfing goals are not reached, so much as realised for the most part of themselves. It seems impossible to believe but only at first. The ideas presented in the book have already received practical confirmation. Those who have tried Transurfing, experience surprise bordering on delight as the world of the Transurfer inexplicably changes before their very eyes.
-
-
Great book and a must listen, but the background music is a bit too much.
- By Ali on 01-29-24
By: Vadim Zeland
-
Noise
- A Flaw in Human Judgment
- By: Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
- Narrated by: Jonathan Todd Ross
- Length: 13 hrs and 28 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the best-selling author of Thinking, Fast and Slow, the co-author of Nudge, and the author of You Are About to Make a Terrible Mistake! comes Noise, a revolutionary exploration of why people make bad judgments, and how to control both noise and cognitive bias.
-
-
Disappointing
- By Z28 on 05-31-21
By: Daniel Kahneman, and others
-
The Creature from Jekyll Island
- A Second Look at the Federal Reserve
- By: G. Edward Griffin
- Narrated by: Mark Bramhall
- Length: 24 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
This classic expose of the Fed has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true.
-
-
Lost confidence in author
- By Amazon Customer on 07-11-20
-
Predictably Irrational
- The Hidden Forces That Shape Our Decisions
- By: Dan Ariely
- Narrated by: Simon Jones
- Length: 7 hrs and 22 mins
- Unabridged
-
Overall
-
Performance
-
Story
In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities.
-
-
Good lessons, mediocre science?
- By William Stanger on 02-24-09
By: Dan Ariely
-
Misbehaving
- Was uns die Verhaltensökonomik über unsere Entscheidungen verrät
- By: Richard H. Thaler
- Narrated by: Matthias Lühn
- Length: 15 hrs and 44 mins
- Unabridged
-
Overall
-
Performance
-
Story
Warum fällt es uns so schwer, Geld fürs Alter zurückzulegen, obwohl es vernünftig wäre? Warum essen wir Fast Food, obwohl wir wissen, dass es uns schadet? Warum sind unsere Neujahrsvorsätze fast immer zum Scheitern verurteilt? Nobelpreisträger Richard Thaler hat als erster Ökonom anschaulich gezeigt, dass unser Handeln in Wirtschaft und Alltag zutiefst irrational und unberechenbar ist - und damit die traditionellen Grundannahmen der Ökonomie auf den Kopf gestellt.
-
The Lean Startup
- How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses
- By: Eric Ries
- Narrated by: Eric Ries
- Length: 8 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.
-
-
Informative, mature but not original or essential
- By Jason Comely on 02-19-13
By: Eric Ries
-
Artificial Intelligence
- Modern Magic or Dangerous Future?
- By: Yorick Wilks
- Narrated by: Hannibal Hills
- Length: 5 hrs
- Unabridged
-
Overall
-
Performance
-
Story
AI expert Yorick Wilks takes a journey through the history of artificial intelligence up to the present day, examining its origins, controversies, and achievements, as well as looking into just how it works. He also considers the future, assessing whether these technologies could menace our way of life and how we are all likely to benefit from AI applications in the years to come.
By: Yorick Wilks
-
Thinking, Fast and Slow
- By: Daniel Kahneman
- Narrated by: Patrick Egan
- Length: 20 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast and Slow, Kahneman at last offers his own, first book for the general public. It is a lucid and enlightening summary of his life's work. It will change the way you think about thinking. Two systems drive the way we think and make choices, Kahneman explains....
-
-
Difficult Listen, but Probably a Great Read
- By Mike Kircher on 01-12-12
By: Daniel Kahneman
What listeners say about Misbehaving
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- Dolores
- 05-31-15
A Wiinner: A Case for Misbehaving
This was fabulous. I couldn't put it down. The thread of an academic career will stimulate many students and young professors to find a passion and build on it. The practical sense of the behavioral problems discussed was fantastic. I will look for the problems in my own field to brainstorm solutions from a behavioral point of view. This was fun to read as well as inspiring. Dolores Pretorius, MD, Professor of Radiology, Univ of Calif, San Diego
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
16 people found this helpful
-
Overall
-
Performance
-
Story
- Elisabeth Carey
- 05-21-18
An entertaining look at modern economics
Richard Thaler is one of the founders of behavioral economics, and he gives us a clear, enlightening, and entertaining account of its origins, principles, and findings.
Traditional economics operates on the theory of the rational economic person--homo economicus, or as Thaler shortens it for convenience, Econs. For the purposes of economic theory, Econs are assumed to always make rational and fully informed choices, for maximum economic benefit. The problems should be obvious; we are rarely fully rational in our decision-making, and almost never have complete, and completely accurate, information. The more important our decisions are--career choice, marriage, retirement planning, the less likely we are to have enough information to make "correct" economic choices.
Over a period of forty years, Thaler and others, recognizing, sometimes dimly, sometimes clearly, that humans don't make purely rational decisions, often not even when we do have "enough" information, began to tease this out. They needed to prove not only that humans make economic decisions based on incomplete information, emotion, impulse, and what economists consider irrelevant factors, but that it matters. If the collective effect of all our individual decisions adds up to the same result as if we had made those decisions rationally, it wouldn't matter, and rational economic theory, "efficient market theory," would still be fully sufficient for economic analysis.
The book is lively, filled with stories and anecdotes, but also clear explanations of the basic principles. It's clear, and in some ways more rational than traditional economic theory that assumes human economic behavior can be accurately predicted based on a model of human behavior that resembles no human being who has ever lived. As an example of the divergence between Econs and humans, Thaler offers the example of a bowl of cashews on the coffee table before dinner. You may like cashews. You may enjoy having cashews before dinner--but you probably don't want to eat so many that you spoil your dinner. What's the sensible thing to do?
The Econ, homo economicus, who always makes completely rational decisions, just stops eating the cashews when he decides he's had enough. The ordinary, real, human being who really wants to stop eating before eating enough to spoil dinner, is more likely to take that cashew bowl and put it away, so that it's not sitting there as a temptation.
And, once you allow for the fact of real human beings rather than Econs, that's a completely rational decision. It's also one that the Econ would never understand. Either you prefer to stop eating cashews, so you do, or you prefer to keep eating cashews, so you do. No need to move the bowl!
More directly economic matters are the cab driver who works each day until he's hit his target income for the day, and then ends his work day. This means he works more hours when earning is low, and fewer hours on the days when earning is good. From the point of view of homo economicus, this is insane. It's just not worth working that many hours when pay is bad, but on the days when pay is good, he could boost his total income by working more hours! From the viewpoint of income maximization, this is completely rational, and Thaler agrees. It's a mistake not to take advantage of the high-pay days, and knock off early when the pay is bad. I'm not sure income maximization is the only consideration here, but it's quite reasonable for an economist to think it should be.
More interesting are strange anomalies in the part of the economy that, it would seem, should be most rational, the stock market. Surely most of the money in the stock market is invested or managed by professionals able to master all available information and make rational decisions, right?
Turns out, not so much. Even the professionals can succumb to irrational exuberance, over- or under-estimate value and risk, and find themselves unable to properly exploit market inefficiencies (which are not supposed to exist), even when they recognize them.
It's a fascinating, enlightening, entertaining book, well worth your time. Recommended.
I bought this audiobook.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
2 people found this helpful
-
Overall
-
Performance
-
Story
- Robert Swanson
- 05-24-19
A valuable point
I enjoy behaviorism. I’m a big fan and I use it. Still I felt lost in the deluge of examples. If the intention of the book was to drill into my mind that humans do not easily function from executive control, then it succeeded in its mission. Yes, even I needed this important lesson. Lesson two is, it is up to our leadership and behavioral scientists to guide the public toward evidence based decisions, to speak up, and to take risks. If I may be blunt, people must be goaded into making their own bed.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Mechonomist
- 07-05-15
Detailed and informative history
Any additional comments?
Detailed and informative history of behavioral economics. This should NOT be the first book you read on this subject though. Read things like "Predictably Irrational" or "Thinking, Fast and Slow" first, as they are a more entertaining introduction to the subject.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- David Mattson Fisher
- 04-19-16
Powerful, convincing book. Large biases
Thaler gives a powerful history of behavioral economics. It got me thinking. It was a great book. Thaler also has some pretty large biases that manifest when he leaves the data and in his attitude. Not too unexpected, though
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- FlinkMarmot
- 02-23-16
Super interesting but no graphics
Very interesting and well-told story of the development of behavioral economics. The only downside is you can't see the referenced graphics. However you can pretty well imagine them if you've got any familiarity with the subject, and they are described well.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Kenneth Harvey
- 03-21-16
Too much history, but the material is excellent!
Too much of the book focuses on who wrote what paper, and when certain studies were published. The rest, however is an excellent intro to behavioral economics topics.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Anatoli
- 04-07-16
Behavioral economics by examples
Entertaining and informative. Having read Thinking Fast and Slow before I found repeating ideas here. However this book mostly concentrates on economic implications of human decision making.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Ray
- 02-10-16
Economic Behavior
This book represents a good review of the beginnings of Behavioral Economics and its acceptance within academia. Worth a listen for the overview of the field and the studies that were developed to test some of the theories. Also a good refutation of the magic of the Market System.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Nathan
- 08-19-16
Great book
I loved this book. Great insight into humans and how we are sold plans by politicians that believe we are all rational econs. I will always remember this book. Now to start it over again to memorize the points.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!