Power of Popularity in Decisions
Posted on26 Aug 2013
TagsMassachusetts Institute of Technology, marketing, leadership, Influence, facts, emotions, decisions, cognitive dissonance, positioning, Fabian Lange, hiring, Abhijit Banerjee, Microsoft Research, Duncan Watts, Matthew Salganik, McGill University, Matthew Notowidigdo, Kory Kroft, rational herding, University of Toronto, University of Chicago, The Economist, problem solving, Princeton University
Comments1
Popularity influences our decisions to the point that we often subjugate our desires to what is popular. It’s a form of peer... Read More
How Reading Fiction Improves Social Skills And More
Posted on24 May 2012
Tagsexperience, planning, Personality, military, Maja Djikic, Keith Oatley, Jordan Peterson, Jennifer Tackett, introspection, fiction, problem solving, empathy, emotions, Dalhousie University, computer simulations, Chris Moore, business planning, busines, York University, what-if scenarios, University of Toronto, social skills, Scientific American, Sara Zoeterman, Raymond Mar
Comments4
Most see book worms as socially inept. They use fiction as escape. Yet, studies show that reading fiction improves social skills. This... Read More
Fear of Loss Versus Joy of Gain in Variable Compensation
Posted on19 May 2010
Tagsgain, University of Chicago, The Economist, Tanjim Hossain, subjective, objective, money, loss, joy, John List, intuition, University of Toronto, fear, emotions, compensation, communication, cognition, approaches, application
Comments1
Since intuition is rooted in emotions and thus subjective, intuitive approaches allow us to see a single, objective situation as many. We... Read More
