This is a concept "Conservatives" understand and are willing to apply to economics of their respective country . It is also a concept that "Liberals" understand but are willing to ignore for instant political gain at the expense of long-term economical health"
After reading some of Dan Ariely's stuff I believe that almost all decisions in life are based on this fact. Either you experience short term loss for long term gain, or short term gain but long term loss. In most cases short term loss for long term gain is the way to go (rationally), but as such, we humans aren't rational.
@obiwan177 But, - we can use our intellect against our instinct. We can arrange either a negative reinforcement for unwise behaviour, or positive reinforcement for wise behaviour. Like he did with the movies.
hehehehehehehehe
oxygenlung 2 weeks ago
This is a concept "Conservatives" understand and are willing to apply to economics of their respective country . It is also a concept that "Liberals" understand but are willing to ignore for instant political gain at the expense of long-term economical health"
karnzkeltic 4 weeks ago
This is why loans have interests
bananian 2 months ago
very interesting
huancainita 3 months ago
That must be one really tasty apple
Porojukaha 11 months ago
i love dan ariely
Innocuousness 1 year ago 10
After reading some of Dan Ariely's stuff I believe that almost all decisions in life are based on this fact. Either you experience short term loss for long term gain, or short term gain but long term loss. In most cases short term loss for long term gain is the way to go (rationally), but as such, we humans aren't rational.
obiwan177 1 year ago
@obiwan177 But, - we can use our intellect against our instinct. We can arrange either a negative reinforcement for unwise behaviour, or positive reinforcement for wise behaviour. Like he did with the movies.
ORCA4312 9 months ago
Wow you surely know how to make people think. I am going to use this idea and create conditions to make sure I behave optimally. Thank you sir!
kittyspurrr 1 year ago
Dr. Ariely is a brilliant man! Bravo!
cosmopop1 1 year ago 6
@cosmopop1 Very true.
ORCA4312 9 months ago