Search Results for: Thaler

Making Good Citizenship Fun — Richard Thaler

February 22, 2012

Interesting article by Richard Thaler on encouraging good citizenship by making the desired behavior more fun: Lotteries are just one way to provide positive reinforcement. Their power comes from the fact that the chance of winning the prize is overvalued. Of course you can simply pay people for doing the right thing, but if the […]

The Art of Changing Minds: My Conversation With Julia Galef [The Knowledge Project Ep. #8]

May 24, 2018

On this episode of the Knowledge Project, I discuss rationality, changing minds (our own and others), filtering information, and a lot more with Julia Galef (@juliagalef). Subscribe on iTunes | Stitcher | Spotify | Android | Google Play On this episode of The Knowledge Project, I talk rationality, changing minds (our own and others), filtering information, […]

Choosing your Choice Architect(ure)

October 19, 2016

“Nothing will ever be attempted if all possible objections must first be overcome.” — Samuel Johnson *** In the book Nudge by Richard Thaler and Cass Sunstein they coin the terms ‘Choice Architecture’ and ‘Choice Architect’. For them, if you have an ability to influence the choices other people make, you are a choice architect. Considering the […]

Biases and Blunders

December 08, 2015

You would be hard pressed to come across a reading list on behavioral economics that doesn’t mention Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard Thaler and Cass Sunstein. It is a fascinating look at how we can create environments or ‘choice architecture’ to help people make better decisions. But one of the […]

The Best Non-Fiction Books of 2015: The Year of the Biography

November 30, 2015

One of my favorite sources of reading material is Tyler Cowen. He’s consistently finding exceptional things that I’ve never heard of. His 2015 non-fiction list is no exception. If he had to pick four favorites out of this list he would choose Musk, Kissinger, Thatcher, and Genghis Khan. (Also revisit his selections from 2014, 2013, and […]

Rory Sutherland Offers 4 Interesting Reads

July 23, 2015

I asked Rory Sutherland (Vice Chairman: Ogilvy & Mather) what books stood out for him last year. I’ve had the privilege of chatting with Rory a few times now and I think you’ll agree, like most farnamstreeters not only is he exceptionally smart but he’s an awesome person. I think you’ll enjoy his reply: Gerd […]