Irrationally Rational

Irrationally Rational
Title Irrationally Rational PDF eBook
Author Viswanathan Raghunathan
Publisher Penguin Random House India Private Limited
Pages 315
Release 2022-04-30
Genre Business & Economics
ISBN 9354926002

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You and your friend each have flights to catch at 8 p.m. and your destination cities are different. You decide to share a cab, but get caught in a rare traffic jam lasting several hours. You end up at the airport around midnight, and surely enough, both of you miss your flights. All quantifiable consequences of missing the flights-cost of tickets cancellation, paying for a new ticket, taking a cab back to the city, overnight stay, taking a cab back to the airport next morning, etc.-are expectedly identical for both. Now suppose the airline assistant tells you, 'Sorry, your flight left as scheduled at 8 p.m. sharp.' But your friend is told, 'Oh, how very unfortunate. Your flight was almost four hours late and only just departed!' Who feels the greater disappointment? You or your friend? Neoclassical economics tells us that because both individuals are assumed rational, their regret levels ought to be identical since their economic consequences are identical. Behavioural economists, however, combine psychology with economics, and focus on how real people, with their cognitive biases, actually behave. The friend who just missed the flight does indeed experience greater disappointment than the one who missed the flight by a margin of four hours. Does that make one or the other irrational? Irrationally Rational takes you through the journey of such rationality-irrationality arguments, showing why economics shorn of psychology may be incomplete. It is the first book of its kind, collating the works of ten Nobel Laureates largely responsible for the rise of behavioural economics, that makes understanding behavioural economics more fun and accessible.

Predictably Irrational

Predictably Irrational
Title Predictably Irrational PDF eBook
Author Dan Ariely
Publisher Harper Collins
Pages 310
Release 2008-02
Genre Business & Economics
ISBN 006135323X

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Intelligent, lively, humorous, and thoroughly engaging, "The Predictably Irrational" explains why people often make bad decisions and what can be done about it.

Between Rationality and Irrationality

Between Rationality and Irrationality
Title Between Rationality and Irrationality PDF eBook
Author Mordechai Rotenberg
Publisher Routledge
Pages 203
Release 2017-09-29
Genre Psychology
ISBN 1351314033

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Jewish Scriptural interpretation entails a potential therapeutic bridge between the rational-material and the irrational-mystic in the world of psychotherapy. PaRDeS, as this system is known, is derived from the following concepts. "P" denotes peshat, the plain interpretation of the text, which translates into a rational interpretation of life. "R" symbolizes remez, hinting at a related religious concept, which becomes a symbolic view of life. "D" stands for derash, the homiletic way of interpreting a text, or a narrative reading of life. And "S" represents sod, or the mystery behind an idea, which in psychological terms becomes a mystic understanding of life. Mordechai Rotenberg believes that it is by engaging readings in a "dialogue" with each other, as in the Jewish hermeneutic tradition, the psychology underlying one's existence may be more readily understood. While Rotenberg acknowledges that it is legitimate to focus on one cognitive-rational or one narrative-storytelling therapeutic method in the course of therapy, he argues that a comprehensive theory of psychotherapy should include treatment possibilities for both rational and irrational manifestations of behavior, thereby engulfing all aspects of human behavior. For Rotenberg, a person's life becomes the "text," subject to being read and interpreted. If that person wishes to change his or her behavior via psychotherapy, then a hermeneutic system must be employed to understand that person's life. However, many systems interpret a person's life according to the particular theory espoused by the therapist. Rotenberg, in contrast, introduces a balanced theory bridging the rational and the irrational. Between Rationality and Irrationality emphasizes that it is more important for a therapist to learn his client's own "language" than to impose his own doctrinaire interpretation. This edition includes a new introduction by the author, as well as an appendix explicating an original psychological interpretation of PaRDeS

Rationality

Rationality
Title Rationality PDF eBook
Author Steven Pinker
Publisher Penguin UK
Pages 272
Release 2021-09-28
Genre Philosophy
ISBN 0241380308

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A TIMES BOOK OF THE YEAR 2021 'Punchy, funny and invigorating ... Pinker is the high priest of rationalism' Sunday Times 'If you've ever considered taking drugs to make yourself smarter, read Rationality instead. It's cheaper, more entertaining, and more effective' Jonathan Haidt, author of The Righteous Mind In the twenty-first century, humanity is reaching new heights of scientific understanding - and at the same time appears to be losing its mind. How can a species that discovered vaccines for Covid-19 in less than a year produce so much fake news, quack cures and conspiracy theorizing? In Rationality, Pinker rejects the cynical cliché that humans are simply an irrational species - cavemen out of time fatally cursed with biases, fallacies and illusions. After all, we discovered the laws of nature, lengthened and enriched our lives and set the benchmarks for rationality itself. Instead, he explains, we think in ways that suit the low-tech contexts in which we spend most of our lives, but fail to take advantage of the powerful tools of reasoning we have built up over millennia: logic, critical thinking, probability, causal inference, and decision-making under uncertainty. These tools are not a standard part of our educational curricula, and have never been presented clearly and entertainingly in a single book - until now. Rationality matters. It leads to better choices in our lives and in the public sphere, and is the ultimate driver of social justice and moral progress. Brimming with insight and humour, Rationality will enlighten, inspire and empower. 'A terrific book, much-needed for our time' Peter Singer

Irrationality

Irrationality
Title Irrationality PDF eBook
Author Justin E. H. Smith
Publisher Princeton University Press
Pages 352
Release 2020-12-08
Genre History
ISBN 0691210519

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"What every leader needs to know about dignity and how to create a culture in which everyone thrives. This landmark book from an expert in dignity studies explores the essential but under-recognized role of dignity as part of good leadership. Extending the reach of her award-winning book Dignity: Its Essential Role in Resolving Conflict, Donna Hicks now contributes a specific, practical guide to achieving a culture of dignity. Most people know very little about dignity, the author has found, and when leaders fail to respect the dignity of others, conflict and distrust ensue. She highlights three components of leading with dignity: what one must know in order to honor dignity and avoid violating it; what one must do to lead with dignity; and how one can create a culture of dignity in any organization, whether corporate, religious, governmental, healthcare, or beyond. Brimming with key research findings, real-life case studies, and workable recommendations, this book fills an important gap in our understanding of how best to be together in a conflict-ridden world."--

Irrationally Yours

Irrationally Yours
Title Irrationally Yours PDF eBook
Author Dr. Dan Ariely
Publisher HarperCollins
Pages 223
Release 2015-05-19
Genre Psychology
ISBN 006238001X

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Three-time New York Times bestselling author Dan Ariely teams up with legendary The New Yorker cartoonist William Haefeli to present an expanded, illustrated collection of his immensely popularWall Street Journal advice column, “Ask Ariely”. Behavioral economist Dan Ariely revolutionized the way we think about ourselves, our minds, and our actions in his books Predictably Irrational, The Upside of Irrationality, and The Honest Truth about Dishonesty. Ariely applies this scientific analysis of the human condition in his “Ask Ariely” Q & A column in the Wall Street Journal, in which he responds to readers who write in with personal conundrums ranging from the serious to the curious: What can you do to stay calm when you’re playing the volatile stock market? What’s the best way to get someone to stop smoking? How can you maximize the return on your investment at an all-you-can-eat buffet? Is it possible to put a price on the human soul? Can you ever rationally justify spending thousands of dollars on a Rolex? In Ask Ariely, a broad variety of economic, ethical, and emotional dilemmas are explored and addressed through text and images. Using their trademark insight and wit, Ariely and Haefeli help us reflect on how we can reason our way through external and internal challenges. Readers will laugh, learn, and most importantly gain a new perspective on how to deal with the inevitable problems that plague our daily life.

Markets against Modernity

Markets against Modernity
Title Markets against Modernity PDF eBook
Author Ryan H. Murphy
Publisher Rowman & Littlefield
Pages 231
Release 2019-11-08
Genre Business & Economics
ISBN 1498591191

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In Markets Against Modernity, economist Ryan Murphy documents a clear continuity between the systematic errors people make in their personal lives and the gaps between public opinion and informed opinion. These errors cluster around specific divergences between how the modern world’s institutions function—including global markets, pluralistic democracy, and even science itself—and how evolution trained our brains to understand the nature of economic relationships, social relationships, and humanity’s relationship to the physical world. Murphy calls these systematic divergences Ecological Irrationality. Exploring them leads him to even more prickly questions—and to conclusions that may challenge the beliefs of those who understand that, for instance, modern vaccines are safe and effective. Do we actually want a less cohesive society? Is doing a task yourself financially prudent? And if we recognize an expert consensus, is there even a way to implement it and achieve the desired effects?