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Signaling

You’re Only As Good As Your Worst Day

We tend to measure performance by what happens when things are going well. Yet how people, organizations, companies, leaders, and other things do on their best day isn’t all that instructive. To find …

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Signaling: The Language Peacocks, Gazelles, and Humans All Speak

Signaling and countersignaling are hidden methods of communicating with each other. We do it all the time as a way to “prove” we are who and what we claim to be. *** The Basics We are constantly …

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The Economic Inefficiency of Gift Giving: Why You Shouldn’t Buy Presents for the Holidays

From Michael Sandel’s What Money Can’t Buy: The Moral Limits of Markets. Joel Waldfogel, an economist at the University of Pennsylvania (now at Minnesota’s Carlson School of …

Continue readingThe Economic Inefficiency of Gift Giving: Why You Shouldn’t Buy Presents for the Holidays

Decision Making Psychology with Rory Sutherland

Below are three excerpts from a great interview with Rory Sutherland on decision making psychology. Understanding Human Behavior That attempt to model economic behaviour as though it were Newtonian …

Continue readingDecision Making Psychology with Rory Sutherland

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