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Predictably Irrational: The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely, in which he challenges readers' assumptions about making decisions based on rational thought. Ariely explains, "My goal, by the end of this book, is to help you fundamentally rethink what makes you and the people around you tick.
Knowledge and Decisions is a non-fiction book by American economist Thomas Sowell. [1] The book was initially published in 1980 by Basic Books and reissued in 1996. [2] Sowell analyzes social and economic knowledge and how it is transmitted through society, and how that transmission affects decision making.
44 memorable Charlie Munger quotes about life and markets. Julia La Roche. November 28, 2023 at 5:53 PM. Charlie Munger, ... On mental models and decision-making frameworks:
An erosion gully in Australia caused by rabbits, an unintended consequence of their introduction as game animals. In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences, more colloquially called knock-on effects) are outcomes of a purposeful action that are not intended or foreseen.
Ideas Have Consequences (1948) God and Man at Yale (1951) The Conservative Mind (1953) The Conscience of a Conservative (1960) A Choice Not an Echo (1964) Losing Ground (1984) A Conflict of Visions (1987) The Closing of the American Mind (1987) The Bell Curve (1994) The Revolt of the Elites (1995) The Death of the West (2001) The Blank Slate (2002)
March and Olsen distinguish the logic of appropriateness from what they term the "logic of consequences," more commonly known as rational choice theory.The logic of consequences is based on the assumption that actors have fixed preferences, will make cost-benefit calculations, and choose among different options by evaluating the likely consequences for their objectives.
Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spirits – of a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.
Quotes about love: 50 love quotes to express how you feel: 'Where there is love there is life' Inspirational quotes: 50 motivational motivational words to brighten your day.