Israeli-American psychologist
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I NEEDED to record this episode because I keep having these conversations with parents living in Procrastination Purgatory, and I'm like "HELLO, I SEE YOU BECAUSE I WAS YOU!"Remember promising yourself you'd stop yelling "tomorrow"? And tomorrow came and went?So I'm diving into why our brains sabotage our parenting goals. There's actual science behind the "yell now, feel guilty later" cycle. (It's called delay discounting.)
This one's gonna stretch your brain a bit, and I think you're gonna love it. Today, we're diving into something that doesn't get enough attention in the world of self-development: how lifelong learning unlocks one of the most underrated superpowers we all have — intuition.Resources:Sources referenced:Gary Klein – Recognition-Primed Decision Model (RPD) Book: Sources of Power: How People Make Decisions Summary: https://en.wikipedia.org/wiki/Recognition-primed_decisionSubconscious processing capacity: 11 million bits per secondNørretranders, Tor. The User Illusion: Cutting Consciousness Down to Size50 bits per second (conscious awareness)Kahneman, Daniel. Thinking, Fast and Slow (System 1 vs. System 2 Thinking)Science of Intuition in Experts (Firefighters, Chess Masters, Surgeons)Ericsson, K. Anders et al. The Role of Deliberate Practice in the Acquisition of Expert Performancehttps://journals.sagepub.com/doi/10.1111/j.1467-9280.1993.tb00533.xNeuroscience Behind Pattern Recognition and ExpertiseGobet, F., & Simon, H. A. (1996). The roles of recognition processes and look-ahead search in time-constrained expert problem solving: Evidence from grand-master-level chess.https://psycnet.apa.org/record/1996-02626-001 Brain.fm App(First month Free, then 20% off subscription)Discount Code: coachdamiensdLinks:IG:@coachdamien_sd@damienrayevans@livinthedream_podcast YouTube:https://www.youtube.com/channel/UCS6VuPgtVsdBpDj5oN3YQTgFB:https://www.facebook.com/coachdamienSD/
This is a big week for us, since we officially re-launched the newsletter on our gorgeous new web address Riskgaming.com, which we are now hosting on Substack. You'll find all of our archives there, as well as much easier tools to manage your subscription to our Dispatches, Event Announcements, our edited Interviews and after almost a decade, Lux Recommends.We've had thousands of new people subscribe and follow us over the past two years, and so I figured this re-launch week was also an opportune time to recirculate one of my absolute favorite episodes of the podcast from three years ago in May 2022. Daniel Kahneman, alongside his long-time research partner Amos Tversky, pioneered the field now broadly known as decision science, exploring the economics, incentives, tradeoffs and psychologies of humans making judgments in moments of uncertainty. Tversky would pass away in 1996, and Kahneman would win the 2002 Nobel Prize in Economics for much of the work they partnered together on.In the months after our recording, Kahneman made an extraordinary decision under uncertainty of his own. Concerned about his future risk for dementia, he decided to travel to Switzerland at the age of 90 to pass away through assisted suicide. It was an astonishing final decision by the master of decision-making, and he conducted his final act in secrecy before it was revealed in The Wall Street Journal in a column by Jason Zweig last month.I had the opportunity to host Kahneman alongside World Series of Poker champion Annie Duke, legendary investment strategist Michael Maubaussin of Morgan Stanley's Counterpoint Global and our own founding managing partner Josh Wolfe for a lunch debate on the current research and trends underpinning risk, bias and decision-making. We merged our four part original series down to two parts. This week, we cover the ideas of pre-mortem as well as dissonance reduction and what circumstances lead people to changing their minds at all.
You're stuck in life because you're navigating uncertainty without understanding the invisible geography of your mind.Tech design maverick Vicki Tan (Google, Spotify, Headspace) transforms decision-making with a powerful insight that revolutionized her career: most people struggle to make choices that lack self-coherence. They don't align with who they truly want to be.Discover how cognitive biases influence all aspects of your daily life, from perception of time to how you navigate life's most pressing questions. Through thought-provoking stories—including how her 125-pound dog taught her more about self-discovery than moving to NYC—Vicki maps the quiet ways we approach uncertainty.She reveals why changing jobs, cities, and relationships sometimes fails to deliver satisfaction, while explaining why well-intentioned advice from friends might not resonate with your unique mental shortcuts.From her interactive guide "Ask This Book a Question," learn the playful approach to decision-making that empowers you to understand yourself in a new way. This journey of self-discovery helps you view your questions in a different light, making you surprised by how clear your path forward becomes.ℹ️ About the GuestVicki Tan is a San Francisco–based digital product designer and behavioral science expert whose work has shaped user experiences at leading tech companies. Currently a Staff Product Designer at Pinterest, she has previously held key design roles at Spotify, Headspace, Lyft, and Google. Her approach blends psychology and design to create meaningful products that help people find inspiration and build healthy habits. In April 2025, Vicki released her debut book, Ask This Book a Question: An Interactive Journey to Find Wisdom for Life's Big and Little Decisions. This innovative guide reimagines decision-making by encouraging readers to explore their questions through the lens of cognitive biases and storytelling. The book offers interactive visuals and prompts to help readers navigate choices with greater clarity and self-awareness. Instagram - http://instagram.com/vickiheartLinkedIn - https://www.linkedin.com/in/vickitan/Twitter - http://twitter.com/vickiheartBluesky - https://bsky.app/profile/vickiheart.bsky.socialGet your copy of "Ask This Book a Question" today: https://vickitan.com/book
Nobel Laureate psychologist, Daniel Kahneman, was a pioneer of behavioural economics and among the most influential thinkers of recent decades. Professor Pete Lunn, head of the ESRI's Behavioural Research Unit, profiled Kahneman for The Brendan O'Connor Show.
Tara Landes, GenX, has been the secret weapon hundreds ofsmall businesses leaders have used as they solve operational challenges for over 25 years. She is a certified change management practitioner from The Prosci Institute and a licensed influence trainer from The Cialdini Institute.She is also the lead faculty member for the Bellrock management training programs, which are unique in both methods and results. In this episode she brings her expertise in influencing others with grounded research and such enjoyable storytelling. She breaks down the psychology of influence using research-backed insights from Dr. Robert Cialdini, Daniel Kahneman, and Daniel Pink. Note: When we talk about influence in this episode, we mean ethical influence—using psychology to guide decisions responsibly, not manipulate. What You'll Learn in This Episode:0:00 Intro1:06 Influence & Persuasion 2:28 Influencers5:52 Robert Cialdini Book Overview7:08 Reciprocity12:15 Sales14:23 Liking17:04 Authority19:37 GenZ Cynicism20:40 Kahneman's System 1 and System 224:30 Consistency27:47 ScarcityQuotable Moments:*Influencers are using different aspects of the practice ofinfluence.”“The law of reciprocity states that if I give yousomething, you feel obligated to give me something back.”“There is power in making a concession.”“In my household if I have a way to make people say yes tome more often, my life is a little bit better….and their lives are a little bit better when get me to say yes.” “Before you do business with someone, build some rapport.” “When we're teaching about influence, we're teaching aboutusing it for good.”“Now is a difficult time for all sorts of things. It is hardto know who to trust. Our traditional go-to way of making decisions is really being upended.”“Most of what we do is on auto-pilot.”“Consistency is about having other people that you'reworking with agree to smaller things because they'll agree to something larger to be consistent…we like to feel internally consistent.”“Scarcity is when people want something they're afraidthey'll miss getting.”“It takes a really long time to find friends, so find yourpeople and stay in touch.” Three Episode Takeaways: 1. Influence is broader and persuasion is narrower – Influence is what we do to nudge people along overtime. Persuasion is a subset of that where we're actually getting someone to take an action. Influencers use social proof and authority when we are uncertain about what to do.2. The 7 common aspects of influence Dr. Cialdini found universal: reciprocity, liking, authority, consistency, scarcity, social proof and unity. Many times we don't realize how we're being influenced. 3. 41% of our day is spent selling what we're trying to accomplish. We also like to do business with people we like so figure out what we have in-common to connect.Upcoming Event:Next cohort begins in May.Registration is now open.https://bellrock.ca/our-training/management-training/ Episode Resource: Robert Cialdini's Book: Influencehttps://amazon.comDaniel Khaneman https://www.nobelprize.org/prizes/economic-sciences/2002/kahneman/biographical/ To Sell is Human, Daniel S. Pinkhttps://amazon.com Ep. 212 Understanding Ourselves Through Talk: A Conversation with Dr. Amanda Kenderes https://spotifycreators-web.app.link/e/dlIeLxU3uRb Eps. 110 & 111 The Power of Regret: From Regrets to Resiliencehttps://girltaketheleadpod.com/episode/111-more-about-daniel-pinks-the-power-of-regret-from-regrets-to-resilience How to reach Tara:www.bellrock.cahttps://www.linkedin.com/in/taralandes/ How to reach Yo: Our website:www.girltaketheleadpod.com You can send a message or voicemail there. We'd love to hear from you! email:yo@yocanny.com FB group: https://www.facebook.com/groups/272025931481748/?ref=share IG:yocanny YouTube LinkedIn:https://www.linkedin.com/in/yocanny/
Javier Ruiz es gestor en Horos Asset Management, un fondo de inversión que sigue la metodología del value investing, que podría resumirse como comprar buenos productos a buenos precios. Entendí su filosofía cuando me contó la tesis del uranio. Los mercados presentan ineficiencias y los gestores activos intentan aprovecharse de ellas. Las oportunidades de arbitraje son incluso mayores con la popularidad reciente de la inversión pasiva. Javier detalla los aprendizajes en sus magníficas cartas trimestrales.Kapital es posible gracias a sus colaboradores:La casa ESE. ¿Cómo quieres vivir?Aquí de vuelta los pesaos queridos amigos de La casa ESE. Buscando la forma de seguir inventando cosas ya inventadas hemos creado mapadecasas.com, allí tendréis la oportunidad de encontrar, más que vuestra futura casa, vuestra futura vida. Sí, es muy ambicioso. En Madrid, por ejemplo, vamos a crear un conjunto residencial donde además de habitar, podamos llevar un poquito del Mediterráneo moral. No sólo una casa, sino un lugar que tenga zonas verdes, espacios comunitarios y hasta un edificio que pueda hacer las veces de coworking entre otras cosas. A 30 minutos de Madrid y buscando gente afín al mundo tecnológico, al emprendimiento, al marketing y a la cultura. Visita la propuesta de Distrito ESE.UTAMED. La universidad online del siglo XXI.UTAMED, la universidad oficial y online de la Fundación Unicaja, nace para romper las barreras que durante décadas han limitado el acceso a la educación y la cultura. Con exámenes 100 % online y financiación sin intereses, ofrecemos una formación accesible, flexible y comprometida con el presente. Porque hoy ya no basta con obtener un título: en UTAMED te preparamos para trabajar desde el primer año. Lo hacemos junto a la empresa, adaptando los contenidos académicos a sus demandas reales, para que nuestros estudiantes adquieran las competencias más valoradas en el mercado laboral. Por ser oyente de este podcast, tienes un descuento del 30% en todo el catálogo de grados y másteres, oficiales y propios.Patrocina Kapital. Toda la información en este link.Índice:2:25 La estafa del Forúm Filatélico.9:28 Rivalidades personales en los mercados.17:43 Munger clasifica 25 errores de comportamiento.20:11 La última decisión de Kahneman.30:01 El instinto maladaptado de seguir al rebaño.35:21 Apalancamiento mortal.40:54 Fuentes de valor añadido según Mauboussin.53:26 Invertir en compañías aburridas.1:01:58 Comisiones en la gestión de activa.1:12:45 Explicárselo a un niño de cinco años.1:15:56 Refritos de ETFs con comisión del 2%.1:26:50 Objetivar el proceso de decisión.1:32:49 La paradoja del margen de seguridad.1:36:19 El criterio de Kelly.1:41:25 La fantástica tesis del uranio.1:51:37 Ampliación de capital para pagar dividendo.1:57:34 Anticipar el sentimiento colectivo.2:01:57 La historia de los tipos de interés.2:06:17 Teoría austríaca del ciclo económico.Apuntes:Measuring the moat. Michael Mauboussin & Dan Callahan.The adaptive market hypothesis. Andrew Lo.El enigma de la experiencia frente a la memoria. Daniel Kahneman.Cartas a los accionistas. Seth Klarman.Herbalife. Bill Ackman.Un paso por delante de Wall Street. Peter Lynch.The model. Richard Lawrence.El diccionario financiero del diablo. Jason Zweig.A man for all markets. Edward Thorp.Rendimientos del capital. Edward Chancellor.El precio del tiempo. Edward Chancellor.
Back in 1923, Claude Hopkins wrote the definitive book on advertising. David Ogilvy said the book “changed his life,” and over eight million copies of the book have been sold. But are the 102-year-old tips still accurate today? In this episode of Nudge, I find out. You'll learn: Why the phrase “Food Shot Through Guns” helped sell more cereal. How a sewing machine manufacturer increased his sales 9-fold. The four predictions Hopkins got wrong. And evidence-backed studies that reveal what he got right. ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: BBC. (2016). Corsodyl: How an unnerving ad campaign works. BBC News. Behavioural Insights Team. (2013). Applying behavioural insights to charitable giving. Government & Society. Berger, J., Moe, W. W., & Schweidel, D. A. (2023). What holds attention? Linguistic drivers of engagement. Journal of Marketing, 87(5). https://doi.org/10.1177/00222429231152880 Berger, J., Sorensen, A. T., & Rasmussen, S. J. (2010). Positive effects of negative publicity: When negative reviews increase sales. Marketing Science, 29(5). https://doi.org/10.1287/mksc.1090.0557 Harris, K. [Kamala Harris]. (2024, March 1). Enemy Within | Harris-Walz 2024 [Video]. YouTube. https://www.youtube.com/watch?v=YQnugO8SEx0 Hopkins, C. (1923). Scientific advertising. Printers' Ink Publishing Company. Hüttel, B. A., Schumann, J. H., & Wagner, C. J. (2018). How consumers assess free e-services: The role of benefit-inflation and cost-deflation effects. Journal Name, 21(3). Kahneman, D. (2011). Thinking, fast and slow. Farrar, Straus and Giroux. Monnier, A., & Thomas, M. (2022). Experiential and analytical price evaluations: How experiential product description affects prices. Journal of Consumer Research, forthcoming. https://doi.org/10.2139/ssrn.4046802 Pick, D. F., Sweeney, J., & Clay, J. A. (1991). Creative advertising and the von Restorff effect. Psychological Reports, 69(3, Pt 1), 923–926. https://doi.org/10.2466/PR0.69.7.923-926 Rogers, T., & Lasky-Fink, J. (2023). Writing for busy readers: Communicate more effectively in the real world. Schindler, R. M., & Yalch, R. (2006). It seems factual, but is it? Effects of using sharp versus round numbers in advertising claims. Advances in Consumer Research, 33, 586-590. Association for Consumer Research. Sutherland, S. (1992). Irrationality. Pinter Publishers. Trump, D. J. [Donald J Trump]. (2023, September 12). Wolves [Video]. YouTube. https://youtu.be/pxz9sxUqgsE Weiner, M. (Writer), & Draper, M. (Director). (2008). Mad Men (Season 1, Episode 11) [TV series episode]. In M. Weiner (Producer), Mad Men. Lions Gate Television.
There has been perhaps no greater influence on my views of human behavior than Daniel Kahneman's 2011 book, Thinking Fast And Slow. In the book, Kahneman — a psychologist — makes the case that human behavior is driven by the interplay of two differing modes of thought: System 1 — the fast, instinctive system — and System 2 — the slow, logical one.If you've listened to this podcast, you've almost certainly heard me reference this book. I believe that understanding Kahneman will help us better diagnose the problems we face as pilots. And so, for the next four episodes, released each Thursday over the next four weeks, I'm going straight to the source — exploring Kahneman's book and directly relating his ideas to aviation.
In this class series, Rabbi Shmuly will explore the Torah of the mind. We will explore how Jewish thought intersects with modern psychological studies and theories by examining thinkers like Freud, Piaget, Maslow, Frankl, and so many others over 50 interactive sessions. Looking at consciousness, moral reasoning, ego, love, learning, and evil, how can we better understand why humans act as they do? Considering our relationships, traumas, memories, conflicts, and self-esteem, how can reflecting on the deep complexity of our minds help us live more meaningful lives? Further, how might Jewish ethics and Jewish philosophy help us ask not just “how do we live” but “how might we live?” Join us for a deep dive into the collective, individual, and Jewish mind.Attend these classes live over Zoom by becoming a member for just $18 monthly: https://www.valleybeitmidrash.org/become-a-member.------------------Stay Connected with Valley Beit Midrash:• Website: https://www.valleybeitmidrash.org• Facebook: https://www.facebook.com/ValleyBeitMidrash ★ Support this podcast ★
In 1974, two psychologists, Daniel Kahneman and Amos Tversky, as the New Yorker once put it, "changed the way we think about the way we think." The prevailing wisdom, before their landmark research went viral (in the way things went viral in the 1970s), was that human beings were, for the most part, rational optimizers always making the kinds of judgments and decisions that best maximized the potential of the outcomes under their control. This was especially true in economics at the time. The story of how they generated a paradigm shift so powerful that it reached far outside economics and psychology to change the way all of us see ourselves is a fascinating tale, one that required the invention of something this episode is all about: The Psychology of Single Questions.They Thought We Were RidiculousOpinion ScienceBehavioral GroovesHow Minds ChangeShow NotesNewsletterPatreon
Is the journal publishing process and the “game” around journal publishing forcing us to give up on big ideas and instead work on small ideas about trivial matters? We are not so sure. We think that science needs many different types of academics, and they have all sorts of different ideas, big and small, and we need outlets for expressing every single one of them. But outlets, like ideas, are not all equal. Journals are an incremental genre leaning toward rigor and thus risk type-2 errors. Book are an expansive genre learning towards big ideas – and thus risk type-1 errors. So the question is rather what type of scholar you are and whether you can handle the very different processes and mechanisms – those associated with big ideas that take a long time to develop, versus the production of smaller ideas and insights that incrementally push our knowledge forward. References Recker, J., Zeiss, R., & Mueller, M. (2024). iRepair or I Repair? A Dialectical Process Analysis of Control Enactment on the iPhone Repair Aftermarket. MIS Quarterly, 48(1), 321-346. Bechky, B. A., & Davis, G. F. (2025). Resisting the Algorithmic Management of Science: Craft and Community After Generative AI. Administrative Science Quarterly, 70(1), 1-22. Kallinikos, J. (2025). Management and Information Systems (in all shapes and colours) missed the wider significance of computerization and informatization. LinkedIn, . Beniger, J. R. (1989). The Control Revolution: Technological and Economic Origins of the Information Society. Harvard University Press. Zuboff, S. (1998). In The Age Of The Smart Machine: The Future Of Work And Power. Basic Books. Zuboff, S., & Maxmin, J. (2004). The Support Economy: Why Corporations Are Failing Individuals and the Next Episode of Capitalism. Penguin Publishing Group. Zuboff, S. (2019). The Age of Surveillance Capitalism. Profile. Zuboff, S. (1985). Automate/Informate: The Two Faces of Intelligent Technology. Organizational Dynamics, 14(2), 5-18. boyd, d., & Ellison, N. B. (2007). Social Network Sites: Definition, History, and Scholarship. Journal of Computer-Mediated Communication, 13(1), 210-230. Zittrain, J. L. (2006). The Generative Internet. Harvard Law Review, 119, 1974-2040. Kahneman, D. (2012). Thinking, Fast and Slow. Penguin. Parker, G., Van Alstyne, M., & Choudary, S. P. (2016). Platform Revolution: How Networked Markets Are Transforming the Economy - and How to Make Them Work for You. W. W. Norton & Company. Harari, Y. N. (2024). Nexus: A Brief History of Information Networks from the Stone Age to AI. Random House. Sauer, H. (2024). The Invention of Good and Evil: A World History of Morality. Profile Books. Harari, Y. N. (2014). Sapiens: A Brief History of Humankind. Harper. von Briel, F., Davidsson, P., & Recker, J. (2018). Digital Technologies as External Enablers of New Venture Creation in the IT Hardware Sector. Entrepreneurship Theory and Practice, 42(1), 47-69. Davidsson, P., Recker, J., & von Briel, F. (2020). External Enablement of New Venture Creation: A Framework. Academy of Management Perspectives, 34(3), 311-332. Davidsson, P., Recker, J., & von Briel, F. (2025). External Enablement of Entrepreneurial Actions and Outcomes: Extension, Review and Research Agenda. Foundations and Trends in Entrepreneurship, 12(3-4), 300-470. Safadi, H., Lalor, J. P., & Berente, N. (2024). The Effect of Bots on Human Interaction in Online Communities. MIS Quarterly, 48(3), 1279-1296. Chen, Z., & Chan, J. (2024). Large Language Model in Creative Work: The Role of Collaboration Modality and User Expertise. Management Science, 70(12), 9101-9117. Dumas, M., La Rosa, M., Mendling, J., & Reijers, H. A. (2018). Fundamentals of Business Process Management (2nd ed.). Springer. Harari, Y. N. (2014). Homo Deus: A Brief History of Tomorrow. Harvill Secker. Recker, J. (2021). Scientific Research in Information Systems: A Beginner's Guide (2nd ed.). Springer. The Stakeholder Alignment Collaborative. (2025). The Consortia Century: Aligning for Impact. Oxford University Press.
Precisamos de 75 mil euros para ser felizes? Neste episódio, Filipa Galrão e Diogo Mendes, professor de Finanças na Universidade de Estocolmo, conversam sobre a forma como nos relacionamos com o dinheiro – da infância à reforma. Um tema que desperta cada vez mais interesse, mas sobre o qual ainda há muitas dúvidas, como revela o 4.º Inquérito à Literacia Financeira da População Portuguesa. Com uma abordagem prática, ficamos a conhecer os três pilares fundamentais de uma vida financeira saudável e esclarecem-se conceitos-chave como o de «juro composto», que Einstein considerava a oitava maravilha do mundo.Além disso, fica claro um contraste: enquanto nos países nórdicos a transparência salarial é norma, em Portugal falar de dinheiro permanece tabu - algo que um novo diploma europeu pode transformar a partir de 2026.Mas e a educação financeira nas escolas? Será uma solução viável? O Diogo apresenta-nos dados surpreendentes de várias geografias. Não só resultados promissores de países que foram pioneiros, mas também casos, como o de Portugal, em que ainda é cedo para avaliar a eficácia de projetos-piloto.No final, há um desafio inesperado que mostra como as nossas decisões financeiras estão cada vez mais automáticas e, ao mesmo tempo, desmaterializadas. Não perca!Referências úteis Conselho da União Europeia. (2024). Transparência salarial: Conselho e Parlamento chegam a acordo provisório para combater a discriminação salarial. Conselho da União Europeia.Friedman, M. (1957). Uma Teoria da Função de Consumo. Revista de Economia Política, 65(6), 446-464.Jennings, J. (2024, 12 de fevereiro). O Dinheiro Compra a Felicidade Afinal. Forbes.OCDE. (2023). Resultados PISA 2022 (Volume IV): O que a Vida Escolar Significa para a Vida dos Estudantes. Publicações OCDE.Plano Nacional de Formação Financeira. (2023). Inquérito à Literacia Financeira da População Portuguesa 2023. Todos Contam.Powdthavee, N., Burkhauser, R. V., & De Neve, J. E. (2023). Rendimentos Elevados e Bem-estar Humano em Todo o Mundo. The Economic Journal, 133(651), 1147-1173.Tversky, A., & Kahneman, D. (1986). Escolha Racional e o Enquadramento das Decisões. The Journal of Business, 59(4), S251-S278. BiosDiogo Mendes Professor de Finanças na Stockholm School of Economics. Doutorou-se em finanças pela Nova School of Business and Economics, tendo passado pela London School of Economics e Imperial College London. Tem investigação nas áreas de literacia financeira, finanças da empresa e economia do desenvolvimento. Faz parte da equipa de coordenação do programa “Finanças para Todos” com o intuito de promover melhores práticas financeiras em Portugal.Filipa Galrão A Filipa vive no campo, mas é à cidade que vai quando precisa de euforia, seja em festivais de música ou no Estádio da Luz. Estudou Comunicação Social e Cultural na Universidade Católica. Em pequena, gravava o diário em K7, em graúda agarrou-se aos microfones da Rádio. Depois da Mega Hits e da Renascença, é agora uma das novas vozes da Rádio Comercial. Já deu à luz 1 livro infantil - Que Estranho!- e 2 filhos.
Join the Nudge Unit: https://maven.com/nudge-unit/course-cohort Can tiny nudges dramatically change our behaviour? In this episode, Eva van den Broek and Tim Houwerzijl explore the subtle yet powerful psychological tools that influence daily decisions, often without us realising it. You'll learn: Why doubling the size of a plate made kids eat 41% more (feat. the Delboeuf illusion). Why Schiphol Airport painted a fly in the urinals (“The Housefly Effect”). The role of defaults in organ donation, student loans, and fast food orders. How loss aversion turned teachers into top performers, improving student grades by 10%. Why IKEA sell cheap ice cream (feat. the peak-end rule). ---- Get the book: https://bedfordsquarepublishers.co.uk/book/the-housefly-effect Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Carmon, Z., & Kahneman, D. (1996). The experienced utility of queuing: Experience profiles and retrospective evaluations of simulated queues. Dai, H., Milkman, K. L., Hofmann, D. A., & Staats, B. R. (2015). The impact of time at work and time off from work on rule compliance: The case of hand hygiene in health care. Journal of Applied Psychology, 100(3). Holden, S. S., Zlatevska, N., & Dubelaar, C. (2016). Whether smaller plates reduce consumption depends on who's serving and who's looking: A meta-analysis. Journal of the Association for Consumer Research, 1(1), 134. Kahneman, D., Fredrickson, B. L., Schreiber, C. A., & Redelmeier, D. A. (1993). When more pain is preferred to less: Adding a better end. Psychological Science, 4(6), 401–405. https://doi.org/10.1111/j.1467-9280.1993.tb00589.x Kaur, S., Kremer, M., & Mullainathan, S. (2015). Self-control at work. Journal of Political Economy, 123(6), 1227–1277. Levitt, S. D., List, J. A., Neckermann, S., & Sadoff, S. (2016). The behavioralist goes to school: Leveraging behavioral economics to improve educational performance. American Economic Journal: Economic Policy, 8(4), 183–219. van den Broek, E., & den Heijer, T. (2024). The Housefly Effect. Bedford Square Publishers.
Facing increasingly sophisticated attacks from external adversaries, networked systems owners have to judiciously allocate their limited security budget to reduce their cyber risks. However, when modeling human decision-making, behavioral economics has shown that humans consistently deviate from classical models of decision-making. Most notably, prospect theory, for which Kahneman and Tversky won the 2002 Nobel memorial prize in economics, argues that humans perceive gains, losses and probabilities in a skewed manner. Furthermore, bounded rationality and imperfect best-response behavior has been frequently observed in human decision-making within the domains of behavioral economics and psychology. While there is a rich literature on these human decision-making factors in economics and psychology, most of the existing work studying security of networked systems does not take into account these biases and noises. In this talk, we show our proposed novel behavioral security game models for the study of human decision-making in networked systems modeled by attack graphs. We show that behavioral biases lead to suboptimal resource allocation patterns. We also analyze the outcomes of protecting multiple isolated assets with heterogeneous valuations via decision- and game-theoretic frameworks. We show that behavioral defenders over-invest in higher-valued assets compared to rational defenders. We then propose different learning-based techniques and adapt two different tax-based mechanisms for guiding behavioral decision-makers towards optimal security investment decisions. In particular, we show the outcomes of such learning and mechanisms on different realistic networked systems. In total, our research establishes rigorous frameworks to analyze the security of both large-scale networked systems and heterogeneous isolated assets managed by human decision makers and provides new and important insights into security vulnerabilities that arise in such settings. About the speaker: Dr. Mustafa Abdallah is a tenure-track Assistant Professor in the Computer and Information Technology (CIT) Department at Purdue University in Indianapolis, with a courtesy appointment at Purdue Polytechnic Institute. He earned his Ph.D. from the Elmore Family School of Electrical and Computer Engineering at Purdue University in 2022 and previously served as a tenure-track faculty member at IUPUI. His research focuses on game theory, behavioral decision-making, explainable AI, meta-learning, and deep learning, with applications in proactive security of networked systems, IoT anomaly detection, and intrusion detection. His work has been published in top security and AI venues, includingIEEE S&P, ACM AsiaCCS, IEEE TCNS, IEEE IoT-J, Computers & Security, and ACM TKDD. He has received the Bilsland Fellowship, multiple IEEE travel grants, and internal research funding from IUPUI. Dr. Abdallah has extensive industrial research experience, including internships at Adobe Research (meta-learning for time-series forecasting), Principal Financial Group (Kalman filter modeling for financial predictions), and RDI (deep learning for speech technology applications), which led to a U.S. patent and multiple publications. He holds B.Sc. and M.Sc. degrees from Cairo University, with a focus on electrical engineering and engineering mathematics, respectively.
How good are you at making decisions?How confident are you in your answer? The more aware you are of the way your mind works, the less sure you will be of your answer. Our decisions are fraught with biases and distortions.Thinking Fast and Slow is one of the most respected books on decision making. Daniel Kahneman's work won him a Nobel Prize for Economics. Some call it the bible for the developing field of Behavioural Economics.In it he shows a number of surprising ways we fool ourselves.Eduardo dos Santos Silva, Michael Ward, Romana Prochazkova and I met to discuss our insights from the book.Links:Eduardo Dos Santos SilvaMichael WardRomana ProchazkovaRob McPhillipsChapters:00:00 Introduction: Understanding Decision-Making Systems00:17 Key Insights from the Book01:10 Exploring Biases and Decision-Making01:40 The Importance of Diverse Teams02:55 Personal Reflections and Comparisons04:51 Frustrations with System One and System Two05:16 Regression to the Mean: A Key Concept06:13 Psychological Soundness and Boredom06:58 Head, Heart, and Gut: Different Systems?09:27 Decision-Making Processes and Logical Thinking13:04 The Book's Audience and Writing Style21:17 The Legacy of Kahneman and Tversky23:00 Visual Learning in Mathematics24:08 The Pyramid Pattern and Pattern Recognition26:57 Heuristics, Algorithms, and AI28:10 Cultural Differences and Fairness28:39 Book Readability and Summaries
How do we learn? Usually from experience, of course. Maybe we visit some new place, or encounter a new tool or trick. Or perhaps we learn from someone else—from a a teacher or friend or YouTube star who relays some shiny new fact or explanation. These are the kinds of experiences you probably first think of when you think of learning. But we can also learn in another way: simply by thinking. Sometimes we can just set our minds to work—just let the ideas already in our heads tumble around and spark off each other—and, is if by magic, come away with a new understanding of the world. But how does this happen exactly? And does it only happen in humans? My guest today is Dr. Tania Lombrozo. Tania is a Professor of Psychology at Princeton University; she and her research group study learning, reasoning, explanation, belief, and more. In a recent paper, Tania outlines this puzzling alternative form of learning—learning by thinking, as it's known—and presents evidence that it happens in both humans and AIs. In this conversation, Tania and I talk about her longstanding work on explanation, and how it led her to study this less- obvious form of learning. We zoom in on four flavors of learning by thinking—learning through explanation, through simulation, through analogy, and through reasoning. We talk about the evidence that machines also learn in this way, and we consider whether animals could, too. We discuss how to resolve the paradox at the heart of "learning by thinking": how it could be that reshuffling old bits of knowledge can actually lead to new understanding. Along the way, Tania and I touch on: chain of thought prompting in LLMs, the Reddit community 'Explain Like I'm Five,' the illusion of explanatory depth, the power of thought experiments, Darwin and Galileo, imagination and rationalization, how psychology and philosophy complement each other, and whether we can also learn—not just by thinking in our proverbial armchairs—but also by writing and talking. So, happy 2025, friends! We've got some great stuff lined up for the coming year. If you like what we're doing with the show, we would—as ever—appreciate your support. And the main way you can support us is just by helping us get the word out—by telling a friend about us, or a colleague, or a student, or your thousands of social media followers. Alright, without further ado, onto my conversation with Dr. Tania Lombrozo. Enjoy! A transcript of this episode will be available soon. Notes and links 3:30 – An influential early paper on “chain-of-thought prompting” in Large Language Models. A recent preprint by a team, including Dr. Lombrozo, exploring the cases where “chain-of-thought prompting” actually impairs performs in LLMs. 8:00 – For some of Dr. Lombrozo's important earlier work on explanation, see here and here. 11:15 – The Reddit community ‘Explain Like I'm Five.' 13:00 – An early paper on the “curse of knowledge”—the difficulty of ignoring what you know. 19:00 – Dr. Lombrozo's recent review article on “learning by thinking” is here. Another article of hers on the same topic is here. 20:00 – The original report of the “self-explanation” effect. The original report of the “illusion of explanatory depth.” 30:00 – For a basic description of Galileo's falling bodies thought experiment see here. A discussion of this thought experiment by philosopher Tamar Gendler. 38:00 – For analysis of Darwin's analogy between artificial and natural selection, see here and here. 42:00 – A paper on rationalization by Fiery Cushman. 48:00 – A paper from Dr. Lombrozo's lab on “need for explanation.” The original paper describing the construct of “need for cognition.” 52:00 – The original report of “framing effects” by Tversky and Kahneman. 54:00 – A paper by Annette Karmiloff-Smith discussing “representational redescription.” 1:02:00 – A recent overview of issues surrounding “explainable” AI. Recommendations Alison Gopnik, Andrew Meltzoff, & Patricia Kuhl, The Scientist in the Crib Frank Keil, Wonder: Childhood and the Lifelong Love of Science Many Minds is a project of the Diverse Intelligences Summer Institute, which is made possible by a generous grant from the John Templeton Foundation to Indiana University. The show is hosted and produced by Kensy Cooperrider, with help from Assistant Producer Urte Laukaityte and with creative support from DISI Directors Erica Cartmill and Jacob Foster. Our artwork is by Ben Oldroyd. Our transcripts are created by Sarah Dopierala. Subscribe to Many Minds on Apple, Stitcher, Spotify, Pocket Casts, Google Play, or wherever you listen to podcasts. You can also now subscribe to the Many Minds newsletter here! We welcome your comments, questions, and suggestions. Feel free to email us at: manymindspodcast@gmail.com. For updates about the show, visit our website or follow us on Twitter (@ManyMindsPod) or Bluesky (@manymindspod.bsky.social).
This episode is about getting out of your comfort zone to realize your dreams, using the Oxcart Technique developed by Terry Fossum. The Oxcart Technique is based on the principles of prospect theory, developed by Kahneman and Tversky in 1979. This states that people are more motivated to avoid pain than to seek pleasure. Terry's method involves creating a failure scenario alongside a success scenario, thereby leveraging both positive and negative emotions to drive action. This dual approach ensures that individuals remain motivated even when the allure of positive outcomes is not enough. Where did this technique get its name? From a story about a farmer and an ox. How can the farmer motivate the ox to pull a cart? A carrot dangled in front of the ox provides motivation, assuming he's hungry. But if he's not, the ox needs an extra prod. A stick held by the farmer driving the ox and cart provides that motivation. And between the carrot and the stick lies motivation. Ready to take the first step to creating your own carrot and stick? Listen to the full episode now and start your journey towards achieving your dreams. Visit for more on Terry Learn more about Terry at What they're saying: “This is a beautiful book about life, its imperfections, its challenges, and its joys. It is a book of hope and wisdom for all of us facing a bump in the road.” –Pragito Dove “Pat has woven together beautiful stories of life setbacks that have been transformed into spiritual growth. This book is a gift and a must-read for souls experiencing pain and yearning for growth.” –Gary Hensel Learn more at Follow Bump on: ➡️ ➡️ ➡️ ➡️ ➡️
Leslie Zane, Founder and CEO of Triggers® Brand Consulting, and author of "The Power of Instinct: The New Rules of Persuasion in Business and Life." Leslie explains that our instinctive, unconscious mind makes up about 95% of our daily choices, and marketers who focus on this instead of logical appeals see the strongest brand results. Leslie unpacks the concept of growth triggers, small but powerful cues that embed positive associations with a brand and override past negative perceptions. She also reveals why emotional marketing has limited long-term impact and urges brands to adopt strategies that leverage familiarity and instinct to grow lasting loyalty. Leslie touches on the Age of Instinct, a term she uses to describe today's emphasis on behavioral science and AI in decision-making. With marketing now focused more on the unconscious mind, Leslie believes that the future of branding is driven by the brain's associative power. She breaks down the difference between “uniqueness” and “distinctiveness” in marketing, advocating for strategies that balance fresh ideas with a sense of the familiar. Leslie's insights challenge traditional marketing rules and provide a roadmap for leaders looking to grow authentically by aligning with the natural ways the human brain makes decisions. Key Takeaways [03:24] Leslie explains that Kahneman's research emphasizes the unconscious mind's major role in decision-making, responsible for about 95% of our choices. However, the marketing industry mistakenly interpreted this as needing emotional appeals, which don't lead to long-lasting brand loyalty. Leslie stresses that emotional connection is an outcome, not an input, for effective persuasion. [07:59] Leslie shares that in the 90s, her work on instinctive decision-making was met with resistance, as behavioral science was not yet widely recognized in the business world. She felt isolated as she advocated for a focus on instinctive mind, a concept that took 30 years to gain mainstream acceptance. [16:31] Leslie describes the brand connectome as the network of associations tied to a brand that resides in the unconscious mind. Brands grow stronger as they develop positive, distinctive, and familiar connections over time, ultimately leading to instinctive consumer choices. [20:04] Leslie says “growth triggers” act like a brand's “miracle grow.” These are sensory cues, like McDonald's “fresh cracked egg” imagery, that add positive associations to a brand quickly, reversing negative perceptions and strengthening consumer loyalty. [25:09] Leslie notes that persuasion within a company requires treating ideas like brands. To achieve internal buy-in, she suggests building familiarity over time rather than introducing fully formed ideas. Involve key influencers in early stages, allowing people to “co-create” the idea, which increases acceptance and support. Leslie emphasizes that frequent exposure to an idea builds comfort and familiarity, making it more likely to be embraced. [28:31] Leslie discusses how the current era of AI and behavioral science emphasizes the unconscious mind's influence in business. As AI advances, it enables marketers to connect with consumers on an instinctive level, signaling a shift toward the Age of Instinct in decision-making. [32:40] Leslie highlights that while behavioral science and AI are powerful tools for persuasion, they raise ethical concerns. She stresses the importance of ethical marketing practices, as companies may manipulate consumers without their awareness. Leslie warns that as AI technology progresses, it is essential for the industry to remain vigilant, ensuring human control and prioritizing consumer well-being to prevent overstepping ethical boundaries. [39:18] And remember, “Your mind knows only some things. Your inner voice, your instinct, knows everything. If you listen to what you know instinctively, it will always lead you down the right path.” - Henry Winkler Quotable Quotes "Emotional connection should be the outcome, not the input." "The instinctive mind calls the shots in branding and decision-making – that's where marketers need to focus." "Familiarity beats uniqueness – a brand's strength lies in building familiar, positive associations." "Instinct is the most powerful force for changing human behavior – leverage it to make your brand unforgettable." "Growth triggers act like 'miracle grow' for brands, adding positive associations that change consumer perception." "The brand connectome is a mental network – the larger and more positive it is, the stronger the brand loyalty." "Marketing to the conscious mind won't drive long-term loyalty. Our unconscious choices hold the power." "Distinctiveness, not uniqueness, makes a brand memorable – give consumers something fresh that still feels familiar." "Stop trying to persuade people; instead, align with the mind's natural instincts and your brand will grow." "We're in the Age of Instinct, where behavioral science and AI unlock new ways to connect with consumers." This is the book mentioned in this episode Resources Mentioned The Leadership Podcast | Sponsored by | Rafti Advisors. LLC | Self-Reliant Leadership. LLC | Leslie Zane Website | Triggers® Brand Consulting Website | Leslie Zane LinkedIn | Leslie Zane Facebook | Leslie Zane X |
In this episode, I explore how architectural thinking enhances strategic decision-making with Adam Griff. Our conversation reveals how his architectural background shapes his approach to helping higher education institutions navigate complex decisions and create flexible space solutions. We dig into the challenges of designing spaces that can adapt to unknown futures and discuss how universities can better integrate with their communities. I particularly love how Adam frames flexibility in building design as creating platforms for future adaptations rather than just multi-purpose spaces. We also explore the tension between academic and organizational decision-making and how to create and decide while delivering innovation in higher education. Questions This Episode Helps You Answer How does thinking like an architect help organizations make better strategic decisions? What makes flexibility essential in both physical spaces and organizational processes, and how can we intentionally design for it from the beginning? What elements create environments where good decisions emerge, and how can we support better decision-making outcomes? How do we determine whether physical space is the best solution for achieving our organizational goals, and what questions should we ask before investing in space? How can we think about buildings as adaptable platforms that support evolving human needs rather than fixed structures with predetermined uses? How might universities and colleges create meaningful connections between campus development and community growth that benefit both? What strategies help organizations balance the need for scholarly rigor with efficient administrative decision-making, and how can these different approaches work together effectively? Episode Highlights [00:00] Introduction and background on Adam Griff [01:38] How architectural thinking shapes strategic problem-solving [04:17] Managing diverse stakeholders in higher education contexts [05:35] Understanding people's needs versus asking for solutions [07:31] Orchestrating organizational decision-making [09:13] The importance of decision-making culture in institutions [11:20] Building trust and managing participation in decisions [14:15] Creating shared understanding of evidence and good decisions [17:04] Balancing organizational conditions with decision quality [19:38] Making decisions with incomplete information [21:36] Academic versus administrative approaches to decisions [24:40] Rethinking flexibility in organizational strategy [25:25] Space as a medium for service delivery [26:51] Designing buildings as platforms for adaptation [29:14] Lifecycle costs and sustainable building design [30:48] Integration of campus and community development [33:31] Responding to demographic changes in higher education [35:33] Finding what is "uniquely possible" for institutions [39:12] Moving from master planning to scenario-based "playbooks" [41:09] Closing thoughts and connecting with Adam Questions to Help You Go Deeper Learning How does architectural thinking about constraints and systems change your approach to organizational challenges? What surprised you about our discussion of decision-making quality? Why? Leading How might you redesign decision-making environments in your organization? What would change if you approached strategic planning as creating a playbook rather than a rigid strategic plan? Applying What's one small experiment you could run next week to improve your team's decision-making space? Choose a current project or challenge. How might it benefit from thinking about systems and constraints like an architect? Practicing How will you incorporate the "Is space the right medium?" question into your solution development process? What is one idea from the episode that you will apply in the next two two weeks? Guest Resources Adam on LinkedIn Adam on Academia Gamification: How to Play Gensler Gensler Research & Insights Stewart Brand's "How Buildings Learn" The High Line, NYC Higher education demographic/enrollment cliff Scenario planning methodologies COM-B behavior change model Stranded assets Resources I Recommend DT101 Episodes Radical Participatory Design + Relationships in Complex Systems Inclusive Design with Victor Udoewa — DT101 E127 Talk to the Elephant: Design Learning for Behavior Change with Julie Dirksen — DT101 E131 Healthcare Design: Evidence-based, Business Fluent, and Change Prepared with Matt Van Der Tuyn — DT101 E140 Books Brown, Peter C., Henry L. Roediger, and Mark A. McDaniel. Make It Stick: The Science of Successful Learning. Cambridge, Mass: The Belknap Press of Harvard University Press, 2014. -- Orchestrating good decisions requires understanding how people learn. Before people can decide about something new they must learn the information they need to know to make a good decision and what constitutes a good decision in this context. Read chapter 8. Ariely, Dan. Predictably Irrational: The Hidden Forces That Shape Our Decisions. Revised and Expanded edition, First Harper Perennial edition published. Harper Business & Economics. New York: Harper Perennial, 2010. -- Ariely walks you through ways we make decisions that conflict with classic economic rationality, like: The Effect of Expectations: Our preconceptions and expectations significantly influence our experiences and decisions. For instance, people report greater pain relief from more expensive placebos, demonstrating how price can affect perceived value. The Cost of Ownership: Once we own something, we tend to overvalue it (the "endowment effect"). Heath, Chip, and Dan Heath. Decisive: How to Make Better Choices in Life and Work. New York: Random House Books, 2014. -- Don't trust your gut. It hates you. You'll learn how to slow down and avoid becoming a cautionary tale like the ones in this book. Kahneman, Daniel. Thinking, Fast and Slow. First paperback edition. Psychology/Economics. New York: Farrar, Straus and Giroux, 2013. -- "Thinking, Fast and Slow" reveals how our minds use both quick instincts and careful analysis to make choices, helping innovators design solutions that work with human psychology rather than against it. Thaler, Richard H., and Cass R. Sunstein. Nudge: Improving Decisions about Money, Health, and the Environment. Final edition. New York: Penguin Books, an imprint of Penguin Random House LLC, 2021. -- Nudge "Nudge" reveals how small changes in how choices are presented can dramatically impact decision-making and behavior at scale, while preserving freedom of choice. I'd love to hear what insights you're taking away from this exploration of architecture, strategy, and organizational design. Share your thoughts and stay updated at https://fluidhive.com/design-thinking-101-podcast/ Stay lucky ~ Dawan
Common sense? Ain't nothing common about it. Populists - like Donald Trump - love to appeal to 'common sense', while pushing ideas as contentious as they come. But what does Trump get right about how he talks to people about big ideas - and what can everyone else learn from it? And what does all this mean for how to talk about something as complex and polarised as climate change? In this episode I'm joined by Dr Dannagal Young, Professor of Communication and Political Science at the University of Delaware. Danna is the author of 'Wrong: how Media, Politics, and Identity Drive Our Appetite for Misinformation'. We talk about her amazing work on the psychological underpinnings of political tribes, including how much any of us actually like to think about complicated things at all. These new-format episodes take a long time to record, script, and edit. If you like it - that'll make me happy. Let me know your thoughts on the show - hello@yourbrainonclimate.com. Please rate, review and subscribe, and share the show on socials. Please consider chucking this humble indie podcaster a few quid at www.patreon.com/yourbrainonclimate. Owl noises = references: 07:15 - Here's a paper by Danna about lay epistemology.10:45 - Sophia Rosenfeld's book, Common Sense: A Political History 12:17 - Wikipedia entry on Thomas Paine's Common Sense.24:27 - Alex Bellos sets puzzles every week in the Guardian. 25:58 - Want to measure your own need for closure? Check out the Kruglanski scale. 44:25 - Awful lot of stuff written about using fear in climate messaging. Here's a decent piece from Scientists for Global Responsibility. 47:28 - If you've liked this episode and you haven't read Kahneman's seminal Thinking Fast and Slow, you better get on it. 52:09 - Numberphile2 on YouTube explains the Monty Hall problem (with visuals, which really helps). Your Brain on Climate is a podcast about human psychology vs the climate crisis. Contact the show: @brainclimate on Twitter, or hello@yourbrainonclimate.com. Support the show on Patreon: www.patreon.com/yourbrainonclimate. The show is hosted and produced by me, Dave Powell, who you can find @powellds on Bluesky and X/Twitter, although I don't use the latter any more. YBOC theme music and iterations thereof, by me. Lots of other lovely bed music in this episode by Rockot. Show logo by Arthur Stovell at www.designbymondial.com.
In this compelling episode of the Stuck In My Mind Podcast, host Wize El Jefe welcomes the inspiring Terry Fossum for a profound discussion on mastering goal-setting and personal transformation. Titled "From Struggles to Success: Terry Fossum's Journey and Goal Setting Insights" the episode delves into key life lessons, touching on motivation, resilience, and the journey from adversity to success. Terry Fossum, a Wall Street Journal bestselling author and influencer with a top TED Talk, brings his rich background and genuine experience to the table. Growing up in McAllen, Texas, a region marked by crime and violence, Terry faced immense challenges, including the death of his father during his high school years. Despite a low point following his father's death and discouragement from a neighbor, Terry used these adversities as catalysts for motivation, eventually emerging as a beacon of success and personal growth. His story underscores the importance of resilience and effective goal-setting strategies, which he shares with the audience. Fossum and Wize El Jefe explore a range of topics, starting with the value of helping others as a source of joy. Terry advises listeners to engage in activities such as visiting pet shelters or nursing homes, emphasizing how these simple acts can uplift spirits and enrich personal well-being. They also discuss the importance of removing toxic relationships from one's life, stressing the need to surround oneself with supportive and positive individuals to foster a conducive environment for personal growth. The episode highlights the crucial role of self-improvement, a theme close to Wize El Jefe's heart as he recounts his journey of personal growth and the joy of sharing impactful stories through his podcast. A poignant anecdote enlivened the conversation, as Wize recounts releasing a podcast episode a year late, which miraculously had a timely impact on a guest grappling with self-discovery. This story emphasizes the power of storytelling in creating a ripple effect that can motivate and guide listeners toward finding their purpose. Terry introduces his renowned "Oxcart Technique," a practical and emotionally-driven approach to goal-setting that consists of three distinct steps: the "Failure Scenario," which outlines the consequences of failing to achieve goals; the "Daily Actions," which involves committing to SMART goals; and the "Success Scenario," which provides positive visualization to generate emotional motivation. By encouraging listeners to read these scenarios in the morning and night, Terry provides a clear blueprint for maintaining focus and enthusiasm toward achieving personal goals. The conversation takes a reflective turn as both speakers acknowledge the acceptance of imperfection. They express that everyone is on a learning curve, and mistakes are part of the journey. Terry underscores the importance of using time constructively by engaging with positive content, such as uplifting podcasts, to remain motivated. He also shares his experiences on a survival reality show, revealing how his Oxcart Technique aided him in preparation and ultimate victory, offering listeners a firsthand account of its effectiveness. Wize El Jefe adds depth to the conversation by sharing his personal narrative of overcoming adversity. Growing up in East New York, Brooklyn, Wize faced his own set of challenges, including the loss of significant loved ones, which left him feeling angry and lost. Determined to change his life, Wize sought therapy, learned about goal-setting and financial literacy, rebuilt his life, and eventually started the podcast to inspire others by sharing stories of overcoming hardships. Both Terry and Wize openly discuss the misconceptions surrounding goal-setting, debunking myths such as the fallacy of the Harvard goal-setting study and the mistaken belief that mere visualization can lead to success. They emphasize that tangible action is as crucial as positive thinking, ensuring the audience understands that real progress requires effort and persistence. The episode also touches on the concept of comfort zones and how fears—ranging from failure to success—can restrict personal growth. Through Terry's insights on the Prospect Theory by Kahneman and Tversky, listeners learn the psychological aspects of motivation, particularly how the desire to avoid pain often outweighs the pursuit of pleasure. In a heartfelt segment, the duo discusses the impact of small, positive interactions and the importance of kindness. Terry shares a poignant story about a housekeeper struggling with addiction whom he chose to help rather than prosecute, leading to her 14 years of sobriety. This story, included in Terry's book, exemplifies the power of compassion and its ripple effect on people's lives. As the episode draws to a close, Wize El Jefe reflects on the enriching experience of the conversation, expressing gratitude for Terry's valuable insights. The episode leaves listeners with a wealth of practical advice, inspiring stories, and a call to action—motivate yourself from within, take decisive action daily, and help others through kindness and support. Terry's promotion of his podcasts, including "The Comeback Chronicles" and resources like "comebackchroniclespodcast.com" and "terrylfossum.com," provide additional avenues for listeners seeking continued growth and inspiration. This episode of the Stuck In My Mind Podcast is more than just a conversation; it is a rallying cry for those at crossroads in life, encouraging them to embrace challenges, discard negativity, and create their own extraordinary paths to success.
Conceptual papers that offer new theories are hard to write and even harder to publish. You do not have empirical data to back up your arguments, which makes the papers easy to reject in the review cycle. We are also typically not well trained in theorizing, and there isn't even a clear process to theorizing we could learn or follow. Does that mean that we shouldn't even try to write theory papers? We ponder these questions, figure out what is so hard in writing conceptual papers – and share a few tricks that might help if you still wanted to write such a paper. References Berente, N., Gu, B., Recker, J., & Santhanam, R. (2021). Managing Artificial Intelligence. MIS Quarterly, 45(3), 1433-1450. Glaser, B. G., & Strauss, A. L. (1967). The Discovery of Grounded Theory: Strategies for Qualitative Research. Aldine Publishing Company. Watson, R. T., Boudreau, M.-C., & Chen, A. J. (2010). Information Systems and Environmentally Sustainable Development: Energy Informatics and New Directions for the IS Community. MIS Quarterly, 34(1), 23-38. Lee, A. S., & Baskerville, R. (2003). Generalizing Generalizability in Information Systems Research. Information Systems Research, 14(3), 221-243. Tsang, E. W. K., & Williams, J. N. (2012). Generalization and Induction: Misconceptions, Clarifications, and a Classification of Induction. MIS Quarterly, 36(3), 729-748. Yoo, Y., Henfridsson, O., & Lyytinen, K. (2010). The New Organizing Logic of Digital Innovation: An Agenda for Information Systems Research. Information Systems Research, 21(4), 724-735. Yoo, Y. (2010). Computing in Everyday Life: A Call for Research on Experiential Computing. MIS Quarterly, 34(2), 213-231. Merleau-Ponty, M. (1962). Phenomenology of Perception Routledge. Baldwin, C. Y., & Clark, K. B. (2000). Design Rules, Volume 1: The Power of Modularity. MIT Press. Weick, K. E. (1989). Theory Construction as Disciplined Imagination. Academy of Management Review, 14(4), 516-531. Hevner, A. R., March, S. T., Park, J., & Ram, S. (2004). Design Science in Information Systems Research. MIS Quarterly, 28(1), 75-105. Sætre, A. S., & van de Ven, A. H. (2021). Generating Theory by Abduction. Academy of Management Review, 46(4), 684-701. Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47(2), 263-291. Farjoun, M. (2010). Beyond Dualism: Stability and Change As a Duality. Academy of Management Review, 35(2), 202-225. Recker, J., & Green, P. (2019). How do Individuals Interpret Multiple Conceptual Models? A Theory of Combined Ontological Completeness and Overlap. Journal of the Association for Information Systems, 20(8), 1210-1241. Jabbari, M., Recker, J., Green, P., & Werder, K. (2022). How Do Individuals Understand Multiple Conceptual Modeling Scripts? Journal of the Association for Information Systems, 23(4), 1037-1070. Cornelissen, J. P. (2017). Editor's Comments: Developing Propositions, a Process Model, or a Typology? Addressing the Challenges of Writing Theory Without a Boilerplate. Academy of Management Review, 42(1), 1-9. Recker, J., Lukyanenko, R., Jabbari, M., Samuel, B. M., & Castellanos, A. (2021). From Representation to Mediation: A New Agenda for Conceptual Modeling Research in a Digital World. MIS Quarterly, 45(1), 269-300. Haerem, T., Pentland, B. T., & Miller, K. (2015). Task Complexity: Extending a Core Concept. Academy of Management Review, 40(3), 446-460. Kallinikos, J., Aaltonen, A., & Marton, A. (2013). The Ambivalent Ontology of Digital Artifacts. MIS Quarterly, 37(2), 357-370. Ho, S. Y., Recker, J., Tan, C.-W., Vance, A., & Zhang, H. (2023). MISQ Special Issue on Registered Reports. MIS Quarterly, . Simon, H. A. (1990). Bounded Rationality. In J. Eatwell, M. Milgate, & P. Newman (Eds.), Utility and Probability (pp. 15-18). Palgrave Macmillan. James, W. (1890). The Principles of Psychology. Henry Holt and Company. Watson, H. J. (2009). Tutorial: Business Intelligence - Past, Present, and Future. Communications of the Association for Information Systems, 25(39), 487-510. Baird, A., & Maruping, L. M. (2021). The Next Generation of Research on IS Use: A Theoretical Framework of Delegation to and from Agentic IS Artifacts. MIS Quarterly, 45(1), 315-341.
Did you know that when you spend time on an online platform, you could be experiencing between six to eight different experimental treatments that stem from several hundred A/B tests that run concurrently? That's how common digital experimentation is today. And while this may be acceptable in industry, large-scale digital experimentation poses some substantial challenges for researchers wanting to evaluate theories and disconfirm hypotheses through randomized controlled trials done on digital platforms. Thankfully, the brilliant has a new paper forthcoming that illuminates the orthogonal testing plane problem and offers some guidelines for sidestepping the issue. So if experiments are your thing, you really need to listen to what is really going on out there. References Abbasi, A., Somanchi, S., & Kelley, K. (2024). The Critical Challenge of using Large-scale Digital Experiment Platforms for Scientific Discovery. MIS Quarterly, . Miranda, S. M., Berente, N., Seidel, S., Safadi, H., & Burton-Jones, A. (2022). Computationally Intensive Theory Construction: A Primer for Authors and Reviewers. MIS Quarterly, 46(2), i-xvi. Karahanna, E., Benbasat, I., Bapna, R., & Rai, A. (2018). Editor's Comments: Opportunities and Challenges for Different Types of Online Experiments. MIS Quarterly, 42(4), iii-x. Kohavi, R., & Thomke, S. (2017). The Surprising Power of Online Experiments. Harvard Business Review, 95(5), 74-82. Fisher, R. A. (1935). The Design of Experiments. Oliver and Boyd. Pienta, D., Vishwamitra, N., Somanchi, S., Berente, N., & Thatcher, J. B. (2024). Do Crowds Validate False Data? Systematic Distortion and Affective Polarization. MIS Quarterly, . Bapna, R., Goes, P. B., Gupta, A., & Jin, Y. (2004). User Heterogeneity and Its Impact on Electronic Auction Market Design: An Empirical Exploration. MIS Quarterly, 28(1), 21-43. Somanchi, S., Abbasi, A., Kelley, K., Dobolyi, D., & Yuan, T. T. (2023). Examining User Heterogeneity in Digital Experiments. ACM Transactions on Information Systems, 41(4), 1-34. Mertens, W., & Recker, J. (2020). New Guidelines for Null Hypothesis Significance Testing in Hypothetico-Deductive IS Research. Journal of the Association for Information Systems, 21(4), 1072-1102. GRADE Working Group. (2004). Grading Quality of Evidence and Strength of Recommendations. British Medical Journal, 328(7454), 1490-1494. Abbasi, A., Parsons, J., Pant, G., Liu Sheng, O. R., & Sarker, S. (2024). Pathways for Design Research on Artificial Intelligence. Information Systems Research, 35(2), 441-459. Abbasi, A., Chiang, R. H. L., & Xu, J. (2023). Data Science for Social Good. Journal of the Association for Information Systems, 24(6), 1439-1458. Babar, Y., Mahdavi Adeli, A., & Burtch, G. (2023). The Effects of Online Social Identity Signals on Retailer Demand. Management Science, 69(12), 7335-7346. Hevner, A. R., March, S. T., Park, J., & Ram, S. (2004). Design Science in Information Systems Research. MIS Quarterly, 28(1), 75-105. Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47(2), 263-291. Benbasat, I., & Zmud, R. W. (2003). The Identity Crisis Within The IS Discipline: Defining and Communicating The Discipline's Core Properties. MIS Quarterly, 27(2), 183-194. Gregor, S., & Hevner, A. R. (2013). Positioning and Presenting Design Science Research for Maximum Impact. MIS Quarterly, 37(2), 337-355. Rai, A. (2017). Editor's Comments: Avoiding Type III Errors: Formulating IS Research Problems that Matter. MIS Quarterly, 41(2), iii-vii. Burton-Jones, A. (2023). Editor's Comments: Producing Significant Research. MIS Quarterly, 47(1), i-xv. Abbasi, A., Dillon, R., Rao, H. R., & Liu Sheng, O. R. (2024). Preparedness and Response in the Century of Disasters: Overview of Information Systems Research Frontiers. Information Systems Research, 35(2), 460-468.
Do you judge experiences by their final moments? Let's explore how shifting that perspective can transform your approach to business and life. This episode discusses duration neglect, inspired by Daniel Kahneman's groundbreaking book, Thinking, Fast and Slow. Often, we let the crescendo moments—whether it's a success or failure—define an entire experience. But as Kahneman suggests, taking a duration-weighted view is more impactful, considering the full journey, not just the final moment. This mindset can reshape how we handle challenges in multifamily leadership, helping us learn from every step of the process rather than being fixated on the outcome alone. By focusing on the cumulative experience, you'll find more balance and growth in business and life. If you found this perspective shift helpful, hit the like button and subscribe to the Multifamily Collective for more thought-provoking insights on leadership and growth! --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-brewer/support
(NOTAS Y ENLACES DEL CAPÍTULO AQUÍ: https://www.jaimerodriguezdesantiago.com/kaizen/bonus-los-incentivos-mueven-el-mundo-con-ion-cuervas-mons-y-francois-derbaix/)Por si no los tienes ubicados, te diré que François es un histórico del sector tecnológico y emprendedor español, al que conozco desde hace muchos años, cuando yo trataba con poca fortuna de sacar adelante un proyecto bastante alocado. Él fue, por ejemplo, fundador de TopRural y, más recientemente, de Indexa Capital, de la que te he hablado muchas veces. Y te puedo asegurar que, además de un tipo encantador, es alguien de quien aprendo algo cada vez que hablamos, porque tiene una capacidad realmente especial para sacar aprendizajes de sus experiencias y transformarlas en un sentido común muy poco común. Y creo que eso se nota en nuestra charla.Ion, además de podcaster y maestro de ceremonias en este capítulo, es un perfil muy kaizen. Es arquitecto de formación, aunque tiene ese punto friki e híbrido tan típico de este podcast. Es un lector y consumidor de contenidos voraz y ha sido directivo y emprendedor en diferentes compañías. Actualmente es fundador de Rauda, una empresa dedicada a aplicar inteligencia artificial a la atención al cliente. Por cierto, que si te interesa la inteligencia artificial tienen también una newsletter imperdible: Raudamatic.Es curioso. Porque los tres tenemos un perfil muy asociado a los negocios tecnológicos y, sin embargo, nos liamos a hablar de algo enormemente humano: cómo funciona nuestra motivación, cómo se ve moldeada por los incentivos y cómo podemos tratar de trabajar con todo ello. Por el camino hablamos de innovación, de crianza y hasta del capitalismo y del comunismo. Y, por supuesto, de libros. De hecho, la idea de este capítulo surgió de un libro concreto que recomendé en Nada Que Ganar: Mixed Signals, de un israelí con apellido impronunciable: Uri GneezyY dicho todo esto, te dejo ya con esta conversación que tanto disfruté con Ion y François. Espero que a ti también te guste. ¡Ya están abiertas las inscripciones para la 2ª edición del programa de desarrollo directivo y liderazgo que dirijo en Tramontana! ¿Te interesa? Toda la info aquí: https://www.tramontana.net/desarrollo-directivo-liderazgo¿Te gusta kaizen? Apoya el podcast uniéndote a la Comunidad y accede a contenidos y ventajas exclusivas: https://www.jaimerodriguezdesantiago.com/comunidad-kaizen/
Macht Geld glücklich und wenn ja, gibt es hier eine Einkommensgrenze? Wir diskutieren verschiedene Studien, darunter ein bekanntes Paper von Daniel Kahnemann. Aber es gibt eine weiter Studie, die ihm widerspricht. Wir erklären dir anhand dieser Studien, wie Einkommen das Wohlbefinden beeinflussen kann – je nach persönlicher Situation und geben dir ein paar Tipps, wann du eher auf das Geld und wann auf das persönliche Wohlbefinden achten solltest. ➡️ Zur LINKBOX (Links zu unseren Produkten und Werbepartnern): https://www.finanzfluss.de/podcast-linkbox/ ℹ️ Weitere Infos zur Folge: Blogartikel zum Thema: https://www.finanzfluss.de/blog/glueck-und-geld/
Send us a Text Message.Meet The Godfather of Modern Causal InferenceHis work has pretty literally changed the course of my life and I am honored and incredibly grateful we could meet for this great conversation in his home in Los AngelesTo anybody who knows something about modern causal inference, he needs no introduction.He loves history, philosophy and music, and I believe it's fair to say that he's the godfather of modern causality.Ladies & gentlemen, please welcome, professor Judea Pearl.Subscribe to never miss an episodeAbout The GuestJudea Pearl is a computer scientist, and a creator of the Structural Causal Model (SCM) framework for causal inference. In 2011, he has been awarded the Turing Award, the highest distinction in computer science, for his pioneering works on Bayesian networks and graphical causal models and "fundamental contributions to artificial intelligence through the development of a calculus for probabilistic and causal reasoning".Connect with Judea:Judea on Twitter/XJudea's webpageAbout The HostAleksander (Alex) Molak is an independent machine learning researcher, educator, entrepreneur and a best-selling author in the area of causality.Connect with Alex:Alex on the Internet LinksPearl, J. - "The Book of Why"Kahneman, D. - "ThinkiShould we build the Causal Experts Network?Share your thoughts in the surveyAnything But LawDiscover inspiring stories and insights from entrepreneurs, athletes, and thought leaders.Listen on: Apple Podcasts SpotifySupport the Show.Causal Bandits PodcastCausal AI || Causal Machine Learning || Causal Inference & DiscoveryWeb: https://causalbanditspodcast.comConnect on LinkedIn: https://www.linkedin.com/in/aleksandermolak/Join Causal Python Weekly: https://causalpython.io The Causal Book: https://amzn.to/3QhsRz4
Chapter 1:Summary of NoiseIn "Noise," Daniel Kahneman discusses the concept of noise, which refers to unwanted variability in judgments made by different individuals assessing the same situation. He argues that noise can have a significant impact on decision-making, often leading to inconsistencies and errors.Kahneman shows that noise is prevalent in various fields, from medicine to law to finance, and can have negative consequences on outcomes. He points out that while people are aware of the dangers of bias in decision-making, they often overlook the issue of noise.The author offers ways to reduce noise, such as creating decision-making guidelines and using algorithms to make judgments more consistent. He also suggests that organizations should be more transparent and open about their decision-making processes to prevent noise from affecting their outcomes.Overall, "Noise" highlights the importance of recognizing and addressing the issue of noise in decision-making to improve outcomes and reduce errors.Chapter 2:The Theme of NoiseKey plot points:1. The story follows the protagonist, a psychologist named Jordan, who is conducting research on the impact of noise on decision making.2. Jordan discovers that noise – unpredictable variability in judgments made by different individuals or groups on the same problem – can have a significant impact on decision making, even more so than bias.3. Jordan's research leads him to question the validity of traditional decision-making processes, as he realizes that noise can result in inconsistent and unreliable outcomes.Character development:1. Jordan is a meticulous and analytical thinker, dedicated to his research and committed to uncovering the truth about noise and its impact on decision making.2. As Jordan delves deeper into his research, he becomes increasingly disillusioned with traditional decision-making processes and begins to question the reliability of human judgment.3. Jordan's journey forces him to confront his own biases and preconceived notions, as he grapples with the implications of his findings on his own work and beliefs.Thematic ideas:1. The impact of noise on decision making: The novel explores how seemingly minor variations in judgments can have significant consequences on decision making, highlighting the importance of minimizing noise in order to improve outcomes.2. The fallibility of human judgment: Through Jordan's research, the novel challenges the notion of human rationality and highlights the inherent biases and inconsistencies in decision-making processes.3. The importance of evidence-based decision making: Noise emphasizes the value of using data and evidence to inform decision making, rather than relying on intuition or gut feelings.Chapter 3:Meet the Writer of NoiseIn his book "Noise: A Flaw in Human Judgment," Nobel laureate Daniel Kahneman masterfully employs his writing skills and language style to convey the complex emotions and meanings associated with the concept of noise.Kahneman's writing is clear, concise, and accessible, making it easy for readers to understand the intricate concepts he presents. He uses simple language to explain complex ideas, which helps to demystify the subject matter and make it more relatable to a wide audience. This approach allows Kahneman to effectively communicate the significance of noise in decision-making processes without overwhelming readers with technical jargon.Moreover, Kahneman's writing style is engaging and persuasive, drawing readers in with compelling narratives and relatable examples. He skillfully weaves together stories, studies, and real-world anecdotes to illustrate the prevalence and impact of noise in various aspects of human judgment. By presenting information in a compelling and relatable...
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Exploring Noise in Charity Evaluations, published by Malin Ploder on July 14, 2024 on The Effective Altruism Forum. Hi! My name is Malin and I wrote my master's thesis in cognitive science in collaboration with Don Efficace, a young evaluator organization building their evaluation process to find the most effective charities in France. Together, we set out to explore the concept of noise (see below) in charity evaluations. Many researchers from other evaluator organizations contributed to this endeavor by responding to my survey or participating in interviews. This post serves to summarize my research for them and anyone else who is interested in the topic - have a good read! TL:DR Noise, as defined by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein[1], refers to the unwanted variability in judgments caused by cognitive biases. In charity evaluations, this inconsistency can lead to unreliable recommendations, which can significantly affect the allocation of funds and erode donor trust. Given the complex nature of charity evaluations, noise is likely to occur, making it crucial to address in order to ensure consistent and effective decision-making. Several strategies from other fields have been found effective in reducing noise and can be adapted for charity evaluations: 1. Implement Decision Guidelines and Scales: Break down evaluations into clear criteria. Use scales with anchors and descriptors for consistent assessments. Consider comparative scales to reduce bias in subjective judgments. 2. Adopt Aggregation Strategies: Encourage multiple independent estimates from researchers for cost-effectiveness analyses to improve accuracy. Alternatively, use the options adapted to individuals, where two guesses from the same person are averaged. 3. Use the Mini-Delphi Method: Structure discussions around initial independent estimates, followed by collective deliberation and revised judgments. Future research should focus on measuring noise levels in charity evaluations and testing these strategies' effectiveness. Collaborating with other evaluator organizations can provide valuable insights and help design low-noise processes. Introduction: Noise In the context of my master's thesis, I explored the role of "noise" in charity evaluations. In the context of decision-making, the term noise was popularized by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein[1]. Their work has significantly advanced the application of cognitive sciences to real-life scenarios by demonstrating some of the tangible impacts cognitive biases can have on decision-making. Specifically, they show how cognitive biases may lead to unwanted variability in judgments, which they call noise. I conducted three studies, a review of online information, a study, and interviews to investigate how noise-reduction strategies from the literature could apply to charity evaluations and which recommendations can be derived for Don Efficace. In this text, I summarize my findings as they may be relevant to charity evaluators. If you want to know more, I invite you to read my thesis as well as "Noise: a flaw in human judgment" by Kahneman et al.[1]. The text will be structured as follows: First I introduce noise and why it matters in charity evaluations. Then I will present strategies that have been found to reduce noise in other fields that involve complex judgments, like judicial sentencing, medical diagnoses, or hiring decisions. For each of the strategies, I add the results from my research, setting them into the charity evaluation context. Lastly, I will give an outlook on what future research efforts in the field may look like. Noise in Charity Evaluations You may be familiar with cognitive biases like the confirmation bias, the halo effect, desirability bias, or the anchoring effect and how they can predi...
In this episode, Kelly Byrnes from Voyage Consulting Group shares valuable tips about leadership and career growth. She underscores the significance of leaders recognizing their impact on others and the need to cultivate trust within their teams. Kelly also discusses strategies for senior leaders to avoid burnout by staying attuned to their emotions. She advocates for integrating leadership development into daily routines and ensuring personal aspirations align with true happiness. Kelly highlights the crucial role of kindness and respect in workplace success. She provides practical tips for personal growth, such as visualizing your ideal day. Additionally, Kelly conveys that true fulfillment comes from living in accordance with your values, both professionally and personally. Key Takeaways [02:13] Kelly shares that her love for business started when she was a kid playing with Barbies. Instead of typical weddings, her dolls were busy running the show and setting up shops. Even at eight, she had a job at a nearby store. She also mentions that her passion for business has been there from the start, making her journey pretty cool. [04:55] Kelly notes that leaders often underestimate their impact on their teams, from their words shaping morale to overlooking trust dynamics. She believes this lack of awareness stems from leaders' focus on business goals and their desire to support their teams, rather than a negative intention. Kelly stresses the importance of self-awareness in leadership, emphasizing it as an ongoing journey to understand one's influence on others. She also highlights the prevalence of burnout among senior leaders, caused by overwhelming workloads and new expectations for emotional support. [11:47] Kelly emphasizes using influential psychology books like Cialdini's "Influence" and Kahneman's "Thinking, Fast and Slow" with care and purpose. She advocates for respectful and honorable leadership that balances performance goals with compassionate interactions, avoiding manipulation and burnout. Kelly also believes in setting clear expectations while treating individuals with empathy, fostering high performance without resorting to coercion or excessive coddling. [16:24] Kelly emphasizes promoting critical thinking skills by challenging individuals to consider alternative perspectives and generate multiple solutions. Instead of simply accepting initial answers, she encourages deeper exploration by asking probing questions like "What about this?" [18:00] Kelly emphasizes the importance of being mindful of how others perceive you based on your actions and choices, urging deliberate and intentional behavior. She believes that integration is key to successful development initiatives, advocating for programs that are woven into everyday work and aligned with strategic goals. Additionally, she highlights the value of facilitators who have practical experience and can offer both practical guidance and aspirational goals, empowering individuals to aspire to greatness and providing opportunities for growth and challenge. [21:26] Kelly stresses the importance of understanding individual preferences and needs, highlighting listening as a key leadership skill. She discusses potential updates to her book on professionalism, noting shifts towards emphasis on communication, work-life balance, tech proficiency, and collaboration with diverse teams in the modern workplace. [23:47] Kelly advises individuals to shift their focus from themselves to others, especially in unfamiliar or high-pressure situations such as boardroom meetings or client interactions. She suggests taking a more understated approach, avoiding the urge to draw attention to oneself and instead focusing on observing and getting to know others. By practicing empathy and understanding others' preferences, individuals can build genuine connections and effectively communicate, following both the golden rule (treating others as you want to be treated) and the platinum rule (treating others as they want to be treated). [25:58] In her book, "All In and the Five All In Strategies," Kelly advises readers to find joy in the present rather than postponing it for the future. She emphasizes the importance of having a vision for one's life and suggests envisioning an ideal day and considering preferred work activities. Kelly shares an exercise she did in 6th grade of listing 100 life goals, revisiting it annually. By pursuing goals intentionally and embracing challenges, individuals can find fulfillment beyond happiness. Kelly believes that triumph comes from overcoming obstacles and encourages embracing life with courage and optimism for an extraordinary experience. [37:10] Kelly reflects on her lifelong list of goals, including riding a camel, which she set in 6th grade. Despite growing up in Kansas City, Missouri, where camels aren't common, she seized the opportunity during a volunteer day at the local zoo. Although initially met with skepticism, Kelly's determination led her to assist the camel caretaker, eventually earning her a chance to fulfill her childhood dream. This experience illustrates Kelly's belief in the power of intentionality and perseverance in achieving life goals, whether it's meeting new people or embarking on adventures. [28:35] Kelly generously offers to share the first half of her "My Fulfilling Life" digital workbook with anyone who emails her. This workbook focuses on visualizing one's life and includes exercises such as listing 100 life goals and identifying personal strengths. Kelly's childhood experience of affirming self-worth influences this workbook, which aims to help individuals create a fulfilling life. [34:35] And remember, mindfulness is about love and loving life. When you cultivate this love, it gives you clarity and compassion for life, and your actions happen in accordance with that. -Jon Kabat-Zinn Quotable Quotes “Culture becomes the worst behavior you tolerate.” "The way you treat people has to be different." "Leaders underestimate the impact they have on people; their words and moods set the tone for teams." "People look to leaders for career guidance and inspiration, yet leaders often miss this influence." "Self-awareness isn't about fixing flaws but understanding our effect on others and regulating responses." "Don't settle for the first things off the top of your head. Ask 'What else?'" "Spiritual values influence who you are, what you think, and how you behave." "Listening is probably the most undervalued skill in leadership." "It's about understanding what signifies value to each individual, not just imposing one's own perspective." "Work-life balance is now a priority, with boundaries and scheduling expectations." "Diversity in teams requires the ability to collaborate with people from varied backgrounds." "Be deliberate and intentional about what you share and show, as it contributes to how people judge and assess you." "Look for facilitators who have practical experience and align with your company's needs." "Be less focused on yourself and more focused on others in professional settings." "Observe, listen, and get to know others before asserting yourself." "Don't try to be the center of attention; take it easy and be understated." "Enjoy life now, rather than constantly putting off happiness for the future." "Regularly review and refine your life goals to stay intentional and focused." "Fulfillment comes from pursuing triumphs, not just fleeting moments of happiness." "Taking risks and embracing challenges lead to a more extraordinary life experience." "Don't fear life's curveballs; anticipate the greatness that lies beyond them." This is the book mentioned in our discussion with Kelly: Resources Mentioned The Leadership Podcast | Sponsored by | Rafti Advisors. LLC | Self-Reliant Leadership. LLC | Kelly Byrnes LinkedIn | Kelly Byrnes Website |
Send us a Text Message.This week we are discussing some of the common myths about gender differences in communication. From the misconception that women talk more than men to the reality of who interrupts more frequently, we sift through scientific studies and personal anecdotes to bring clarity to these contentious topics. With references to various studies, we reveal how both men and women speak approximately the same number of words per day, proving that context is crucial in interpreting communication patterns. During the episode we journey through various cultural landscapes to uncover surprising similarities in human behavior, even in high-stakes environments. By focusing on commonalities rather than distinctions, we build a more nuanced understanding of how humans interact. Our discussion critiques the methodologies of psychological studies, exploring how oversimplification can lead to misleading conclusions. We also pay homage to the groundbreaking work of researchers like Kahneman and Tversky, emphasizing the importance of long-term data and meta-analyses for accurate insights. Our exploration doesn't stop at verbal communication; we delve into nonverbal cues, hormonal influences, and societal constructs. Through real-life examples and personal stories, we demonstrate that empathy and clear understanding are crucial for successful interactions. Whether it's in everyday encounters or high-pressure scenarios, this episode offers valuable insights and practical advice for anyone looking to improve their communication skills.Thank you so much for tuning in, we hope you enjoy the episode and please check out our Patreon channel where we have a lot more content, as well as subscriber only episodes of the show. If you enjoy the podcast, I would kindly ask that you leave us a review and more importantly, please share it with a friend. Thank you for your time and don't forget that Training Changes Behavior!Support the Show.Website: https://thehumanbehaviorpodcast.buzzsprout.com/shareFacebook: https://www.facebook.com/TheHumanBehaviorPodcastInstagram: https://www.instagram.com/thehumanbehaviorpodcast/ Patreon: https://www.patreon.com/ArcadiaCognerati More about Greg and Brian: https://arcadiacognerati.com/arcadia-cognerati-leadership-team/
Like the show? Send us a text message on what you liked.I list the top business books I've read over the previous year each January. At the end of 2024, The Venture Mindset by Ilya Strebulaev and Alex Dang will easily be in my top three and possibly my overall favorite.The Venture Mindset reads fast and reminds me a little of Kahneman, Munger, and books about Buffett.Some of the big ideas we cover in this episode with both authors include roof shots vs. moonshots, betting on jockeys vs. the horses, winning at the piggy bank game, and what we can learn from student VC partnerships.This book is not just for those in the VC community. There are many takeaways for those working in and running small businesses.Life, Money, and More A Podcast Built for those who want to make their Money, and Life Better Listen on: Apple Podcasts Spotify David C Barnett Small Business and Deal Making M&A SMBI discuss buying, selling, financing and managing small and medium sized businesses...Listen on: Apple Podcasts Spotify What If? So What?We discover what's possible with digital and make it real in your businessListen on: Apple Podcasts Spotify
Alex speaks with Ryan Bourne as he explores the misconceptions around inflation and the dangers of price controls, emphasizing how prices act as signals to coordinate economic activity and promote growth. Ryan explains the adverse effects of government intervention in setting prices, such as shortages, quality declines, black markets, and inefficient resource allocation. Episode Notes: - Ryan's book that serves as the basis for most of the discussion: https://a.co/d/6B4n1Uf - Summary of Friedman, Monetarist School and the K-percent rule https://www.investopedia.com/terms/m/monetarism.asp#:~:text=In%20his%20book%2C%20%22A%20Monetary,a%20fixed%20percentage%20per%20year. - Explanation of greedflation: https://cssh.northeastern.edu/what-is-greedflation-and-is-it-driving-higher-prices/ - Kahneman and Thaler's research: https://www.jstor.org/stable/1806070 - Clemens on minimum wage https://econweb.ucsd.edu/~j1clemens/pdfs/ClemensMinWageCatoPolicyAnalysis867.pdf
Chad Prevost and James Dawson discuss their experiences with burnout in startup culture, emphasizing the importance of self-care and setting realistic expectations. They also explore the intersection of neuroscience and personal growth, and share their personal experiences with cold water plunging. The conversation highlights the role of perspective and gratitude in shaping our experiences and relationships, and emphasizes the need for earned dopamine in avoiding burnout and building successful startups.High Notes:Entrepreneurship, burnout, and self-awareness.James Dawson reflects on his entrepreneurial journey, from granola subscriptions to tech startup.Early 20s startup journey.Struggles with self-shame and feeling like you're not good enough.Burnout in the startup world and how understanding work types can prevent it.The evolution of psychology and mental health awareness, from Freud and Jung to current trends in Gen Z and millennials.Safe spaces for venting and letting out emotions, as well as the limitations of past therapeutic methods.Despite neglecting his own well-being, James succeeded in launching a cashflow-positive business from a napkin note, with a team of 10-15 people.Burnout, productivity, and self-care strategies.Chad Prevost and James discuss burnout and the need for strength-based leadership, emphasizing the importance of earning dopamine through meaningful work rather than relying on fake dopamine from media.The idea of moving towards discomfort and how it can help alleviate pain.James shares their personal experience with cold water therapy and how it helped take away their burnout-related pain.The benefits of cold water plunging and reframing pain as a necessary part of growth.Doing cold water plunges for over a year, consistently in winter.Pain is a signal to address root issues, rather than avoid it.Personal growth, trauma, and self-talk with a focus on ice plunging and breathwork.Emotional pain rooted in self-relationship, seeking self-improvement.Adler and Kahneman agree: trauma shapes our memories and stories.Self-care and positive self-talk to overcome trauma.Cold plunging, gratitude, and authenticity.James shares their personal experience with cold plunging and its benefits for mental health, community, and personal growth.Chad reflects on his initial hesitation to participate in cold plunging but ultimately found value in the experience, including community, nature, and confronting limiting beliefs.The power of gratitude and its opposite, letting go, in a cold water challenge.The practice of gratitude is inspired by Wim Hof and involves naming what one is thankful for and letting go of something unwanted.Find out more about Big Self School:Big Self School seeks to democratize wellbeing and happiness. Our methodology is rooted in science and ancient wisdom to help clients improve their outcomes and design their dream life. We are innovating the way coaching is currently practiced. We're building a community to serve in a variety of high impact ways from coaching to in-person trainings to even using AI. Let's dream of a better future for everyone. Lead yourself first. Others will follow. bigselfschool.comDownload our free book, What Do You Expect? Discovering Methods for Deep Calm.Learn more about the May 11, 2024 event: Men's Mental Health MattersBrandon Clift from
We discuss the life of Daniel Kahneman, a pioneer in behavioral economics who challenged conventional economic thinking. His work reshaped how we view decision-making and market behavior. We also discuss investment strategies, touching on the idea of comparing assets using technical analysis to gauge opportunity costs. Understanding trends before diving into investments is key, as it helps investors make more informed decisions. Join us for another though provoking conversation as we discuss: Daniel Kahneman, father of behavioral economics, passed away at 90 How Kahneman's work challenged traditional economic assumptions about rationality and market efficiency Kahneman's experiments highlighted cognitive biases in decision-making Reflecting on Kahneman's legacy, how investors are encouraged to explore his work and its implications for decision-making Technical analysis and emphasizing the importance of comparing assets to identify investment opportunities The example of Apple's performance relative to the S&P 500 illustrates the concept of opportunity cost in investing Using natural gas as an example of applying both technical and fundamental analysis to investment decisions For more information, visit the show notes at https://moneytreepodcast.com/daniel-kahneman-599 Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast
Why Paul's eclipse experience eclipsed Bob's ... Remembering pioneering psychologist Daniel Kahneman ... Bob fails gender affirmation test ... Has the “replication crisis” tainted Kahneman's legacy? ... Eastern vs. Western “enlightenment” ... How AI doomerism came to the rationalist community ... 3 Body Problem review goes into Overtime ...
Why Paul's eclipse experience eclipsed Bob's ... Remembering pioneering psychologist Daniel Kahneman ... Bob fails gender affirmation test ... Has the “replication crisis” tainted Kahneman's legacy? ... Eastern vs. Western “enlightenment” ... How AI doomerism came to the rationalist community ... 3 Body Problem review goes into Overtime ...
In this episode of Choiceology with Katy Milkman, we look at how framing a decision based on what you stand to lose versus what you stand to gain affects your tolerance of risk.Luis Green was a contestant on the popular TV game show Deal or No Deal. The game is largely one of chance, but there are moments during play where the contestant has an option to accept a cash offer to quit. At one point in the game, Luis was offered $333,000 to simply walk away. A guaranteed win! It seems like an obvious choice. But as you'll hear from the story, there are other factors that influenced his decision.Katy illustrates these factors with a version of a famous experiment. Volunteers are presented with two differently worded but mathematically identical scenarios. A simple shift from framing the scenario as a potential gain to one of potential loss results in starkly different choices from the volunteers.Next, Katy speaks with special guest Daniel Kahneman about the underlying theory that explains human behavior in these types of situations. Daniel Kahneman served as professor of psychology and public affairs emeritus at the Woodrow Wilson School and the Eugene Higgins Professor of Psychology Emeritus at Princeton University. He was awarded the 2002 Nobel Prize in Economics for his pioneering research with Amos Tversky. Their work helped establish the field of behavioral economics. Kahneman also wrote the bestselling book Thinking, Fast and Slow.Finally, Katy speaks with Colin Camerer about some of his favorite studies on risk seeking in the domain of losses, as well as practical approaches for avoiding this less-than-ideal behavior. Colin Camerer is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. You can read his paper “Prospect Theory in the Wild: Evidence from the Field” here.Choiceology is an original podcast from Charles Schwab. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third party providers is obtained from what are considered reliable source. However, its accuracy, completeness or reliability cannot be guaranteed and Charles Schwab & Co. expressly disclaims any liability, including incidental or consequential damages, arising from errors or omissions in this publication. All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. Investing involves risk including loss of principal.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The book How to Change: The Science of Getting from Where You Are to Where You Want to Be is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.(0424-VAX6)
Princeton Professor Daniel Kahneman never took an economics class. But he won the 2002 Nobel Prize in economics, thanks to his advancements in understanding the psychology of money. In today's episode, we pay homage to the late Dr. Kahneman, who passed away on March 27 at age 90. We also discuss the jobs report, inflation data, the booming stock market, the next Bitcoin halving, Capital One's acquisition of Discover, and the National Association of Realtors settlement. Enjoy! For more information, visit the show notes at https://affordanything.com/episode497 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Nobel laureate and behavioral psychologist Daniel Kahneman passed away on March 27th, 2024, at the age of 90. Kahneman was not only a giant in the fields of psychology and economics, but as Dr. Art Markman, and Dr. Bob Duke talk about in this episode of Two Guys on Your Head he was also kind, generous, open-minded, and […] The post Remembering Daniel Kahneman appeared first on KUT & KUTX Studios -- Podcasts.
When it comes to the eventual end of our universe, cosmologists have a few classic theories: the Big Crunch, where the universe reverses its expansion and contracts again, setting the stars themselves on fire in the process. Or the Big Rip, where the universe expands forever—but in a fundamentally unstable way that tears matter itself apart. Or it might be heat death, in which matter and energy become equally distributed in a cold, eventless soup.These theories have continued to evolve as we gain new understandings from particle accelerators and astronomical observations. As our understanding of fundamental physics advances, new ideas about the ending are joining the list. Take vacuum decay, a theory that's been around since the 1970s, but which gained new support when CERN confirmed detection of the Higgs Boson particle. The nice thing about vacuum decay, writes cosmologist Dr. Katie Mack in her book The End of Everything: (Astrophysically Speaking), is that it could happen at any time, and would be almost instantaneous—painless, efficient.The End Of Everything is our SciFri Book Club pick for April—you can join in on the community conversation and maybe even win a free book on our book club page. In this interview from 2020, Mack joins Ira to talk about the diversity of universe-ending theories, and how cosmologists like her think about the big questions, like where the universe started, how it might end, and what happens after it does.Also, Nobel Prize-winning psychologist Dr. Daniel Kahneman died this week at the age of 90. His work turned many traditional ideas about economics upside-down, arguing that people often make bad decisions that go against their own self-interest. It's something he continued to study throughout his career, and that he wrote about in the 2022 book Noise: A Flaw in Human Judgment. At the end of this segment, we revisit an interview from 2022 with Kahneman in remembrance of his long career studying cognitive biases.Transcripts for each segment will be available after the show airs on sciencefriday.com. Subscribe to this podcast. Plus, to stay updated on all things science, sign up for Science Friday's newsletters.
Richard Epstein remembers the late psychologist Daniel Kahneman and discusses the long-running debate between Kahneman’s research on behavioral economics and the rational-choice models popularized by Gary Becker and Ronald Coase.
Richard Epstein remembers the late psychologist Daniel Kahneman and discusses the long-running debate between Kahneman's research on behavioral economics and the rational-choice models popularized by Gary Becker and Ronald Coase.
If you've ever taken an economics class, you were probably taught that people are rational. But about 50 years ago, the psychologists Daniel Kahneman and Amos Tversky began to chip away at this basic assumption. In doing so, they transformed our understanding of human behavior. This week, we remember Kahneman, who recently died at the age of 90, by revisiting our 2018 and 2021 conversations with him. If you enjoyed this look at the work of Daniel Kahneman, you might also enjoy our conversations about behavioral economics with Kahneman's friend and collaborator Richard Thaler: Misbehaving with Richard Thaler Follow the Anomalies
Nobel prize-winning economist and psychologist Daniel Kahneman has died at the age of 90. In June 2021, we spoke with Kahneman, and his co-author Olivier Sibony, about their book, ‘Noise: A Flaw in Human Judgement.' About: On Point is WBUR's award-winning, daily public radio show and podcast. Every weekday, host Meghna Chakrabarti leads provocative conversations that help make sense of the world.
Mark Rzepczynski joins us to remember one of the most important people within modern-day finance, author and psychologist, Daniel Kahneman, and the impact he had on our industry. We also discuss how increasing interest rates change the way investors behave and why trend following and CTAs have performed so well the past 5 years, perhaps without been given the credit the strategy deserves. We also dive into the cocoa market to discuss why it may still have a long way to go, despite racking up another 60% rise in March 2024 alone. We then move on to explain why the financial conditions index is important to understand for trend followers and why Mark believes stocks may continue to rise. Lastly, we discuss what makes trend following unique, why having trend following in your portfolio can help you achieve better performance and more diversification and much more.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Mark on Twitter.Episode TimeStamps:01:03 - Remembering Daniel Kahneman03:54 - Things are changing09:54 - Industry performance update13:32 - What the Credit Suisse Managed Futures Index is missing16:23 - Let's talk about Cocoa21:55 - Trends can last longer than people expect24:44 - Is the Cocoa market a bubble?28:31 - Less markets = better performance?30:43 - Static vs. Dynamic position sizing in the Cocoa market39:13 - Understanding the financial conditions index45:09 - A euphoric environment49:47 - What makes trend following...
Show is Sponsored by The Ayn Rand Institute https://www.aynrand.org/starthereEnergy Talking Points, featuring AlexAI, by Alex Epstein alexepstein.substack.comExpress VPN https://www.expressvpn.com/yaronJoin this channel to get access to perks:https://www.youtube.com/@YaronBrook/joinLike what you hear? Like, share, and subscribe to stay updated on new videos and help promote the Yaron Brook Show: https://bit.ly/3ztPxTxSupport the Show and become a sponsor: / yaronbrookshow Or make a one-time donation: https://bit.ly/2RZOyJJOnline War; Continue the discussion by following Yaron on Twitter (https://bit.ly/3iMGl6z) and Facebook (https://bit.ly/3vvWDDC )Want to learn more about Ayn Rand and Objectivism? Visit the Ayn Rand Institute: https://bit.ly/35qoEC3 #immigration #ftx #bridgecollapse #danielkahneman #elonmusk #capitalism #Economy #Objectivism #AynRand #politics #elections2024