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How I suspended decisions about what to eat for one week and lost 15 pounds thereafter.
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Gigerenzer, G., Hertwig, R., & Pachur, T. (Eds.). (2011). Heuristics: The Foundations of Adaptive Behavior. New York: Oxford University Press.
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Shlomo Benartzi, Nick Barberis, Kent Daniel, Dan Goldstein, Noah Goldstein, John Payne and Richard Thaler make up the Academic Advisory Board of the Allianz Global Investors Center for Behavioral Finance. Based on interviews with this set, the Center has released a white paper entitled “Behavioral Finance in Action Psychological challenges in the financial advisor/client relationship, and strategies to solve them”. It is basically advice for financial advisers, written with the conviction that if advisers know more about psychology, they’ll be able to provide better advice.
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ONE IN TWENTY P = .05 RESULTS IS A FALSE ALARM ON AVERAGE If you’re not familiar with xkcd and you are a reader of Decision Science News, that’s a source of dissonance in the universe that merits dissolving. Enjoy today’s post (above), and if you are like us, you might want to make the […]
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Society for Judgment and Decision Making Newsletter Editor Dan Goldstein reports that the final SJDM newsletter of 2010 is ready for download.
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The housing bubble by city. Miami sailed high and fell far. Detroit rose modestly and but dropped more than it went up. Dallas held steady. DC is enjoying a bit of renewed growth, but are in and New York yet to fall?
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Editor John Baron and special issue editors Julian N. Marewski, Rüdiger F. Pohl and Oliver Vitouch are proud to announce the second special issue of the journal Judgment and Decision Making on Recognition Processes in Inferential Decision Making. The issue includes 7 new articles.
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ALL OF THE CONFERENCE, NONE OF THE BEING THERE Hugo Mercier at Penn has created a “web conference” in which papers are posted online, and people can read and comment on them. It is just like a conference, minus the $100 per gallon of coffee charged by the hotel. [A figure like this one was […]
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ON COMMITMENT DEVICE BUSINESSES AND SOFT CONTRACTS This week, our former home, the Center for the Decision Sciences at Columbia University, has turned us on to this article about a fitness plan that charges you more if you work out less. Yes, it’s a business putting applied behavioral economics to work, not unlike Stickk.com or […]
This week, the Decision Science News editor talks about “premium experiences” and counter-evidence to the idea that things don’t bring happiness.
