Complete video at: http://fora.tv/2008/03/04/D...
MIT Behavioral Economist Dan Ariely discusses the medical effectiveness of placebos, and outlines how expectations of a given situation will affec...
MIT Behavioral Economist Dan Ariely discusses the medical effectiveness of placebos, and outlines how expectations of a given situation will affect our experiences of that situation.
-----
Dan Airely talks about "Predictably Irrational: The Hidden Forces That Shape Our Decisions."
Why do our headaches persist after taking a one-cent aspirin but disappear when we take a 50-cent aspirin? Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup? We think we're making smart, rational choices. But are we?
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. Predictably Irrational will change the way we interact with the world - one small decision at a time - Cody's Books
Dan Ariely is the Alfred P. Sloan Professor of Behavioral Economics at MIT, where he holds a joint appointment between MIT's Media Laboratory and the Sloan School of Management. His work has been featured in The New York Times, the Wall Street Journal, the Washington Post, the Boston Globe, Scientific American, and Science.
Like to rate videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Like to share videos with friends?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
This video has been removed from your Favorites. (Undo)
Like to Favorite videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
im actually oposite of what he said in the video. if i know painkillers are cheap i will think that i have access to more and consentrate on the effects ti see how much i need or if thats enough. but if ihave expensive painkillers i expect them to work the first time and fell uneasy about them the whole time because i have to rely on them so heavily. thank you if you've actually read this insanely long comment.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Also, what accent is he speaking in?
(I don't actually know, so don't take me too seriously)