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 …
Signaling
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 …
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 …
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 …