1300 187 187
 

The Upside of Irrationality

The Unexpected Benefits of Defying Logic at Work and at Home

Hardcover

Published: 1st June 2010
Ships: 7 to 10 business days
RRP $55.99
$30.95
45%
OFF

Please note the pages on this book have been produced with bevelled or rough edge to create an old style look. The publisher has deliberately chosen to produce the book this way.

The provocative follow-up to the New York Times bestseller Predictably Irrational

  • Why can large bonuses make CEOs less productive?
  • How can confusing directions actually help us?
  • Why is revenge so important to us?
  • Why is there such a big difference between what we think will make us happy and what really makes us happy?
In his groundbreaking book Predictably Irrational, social scientist Dan Ariely revealed the multiple biases that lead us into making unwise decisions. Now, in The Upside of Irrationality, he exposes the surprising negative and positive effects irrationality can have on our lives. Focusing on our behaviors at work and in relationships, he offers new insights and eye-opening truths about what really motivates us on the job, how one unwise action can become a long-term habit, how we learn to love the ones we're with, and more.

Drawing on the same experimental methods that made Predictably Irrational one of the most talked-about bestsellers of the past few years, Ariely uses data from his own original and entertaining experiments to draw arresting conclusions about how—and why—we behave the way we do. From our office attitudes, to our romantic relationships, to our search for purpose in life, Ariely explains how to break through our negative patterns of thought and behavior to make better decisions. The Upside of Irrationality will change the way we see ourselves at work and at home—and cast our irrational behaviors in a more nuanced light.

About the Author

Dan Ariely is the James B. Duke Professor of Behavioral Economics at Duke University, with appointments at the Fuqua School of Business, the Center for Cognitive Neuroscience, and the Department of Economics. He is also the founder of the Center for Advanced Hindsight and a visiting professor at MIT's Media Lab. Over the years he has won numerous scientific awards. Dan wrote this book while he was a fellow at the Institute for Advance Study at Princeton.

In The Press


The New York Times - Kyla Dunn
As in his previous book, the best-selling Predictably Irrational, the experiments Ariely describes generate entertaining and often counterintuitive insights…deciding how to apply [these] insights is a pleasure that lingers long after the book is finished.

Publishers Weekly
Ariely (Predictably Irrational) expands his research on behavioral economics to offer a more positive and personal take on human irrationality’s implications for life, business, and public policy. After a youthful accident left him badly scarred and facing grueling physical therapy, Ariely’s treatment required him to accept temporary pain for long-term benefit—a trade-off so antithetical to normal human behavior that it sparked the author’s fascination with why we consistently fail to act in our own best interest. The author, professor of behavioral economics at Duke, leads us through experiments that reveals such idiosyncrasies as the “IKEA effect” (if you build something, pride and sentimental attachment are likely to give you an inflated sense of its quality) and the “Baby Jessica effect” (why we respond to one person’s suffering but not to the suffering of many). He concludes with prescriptions for how to make real personal and societal changes, and what behavioral patterns we must identify to improve how we love, live, work, innovate, manage, and govern. Self-deprecating humor, an enthusiasm for human eccentricities, and an affable and snappy style make this read an enriching and eye-opening pleasure. (June)

Kirkus Reviews
The follow-up to the author's bestselling Predictably Irrational (2008). In his previous book, Ariely (Behavioral Economics/Duke Univ.) discussed how the human tendency toward irrational decision-making can lead to undesirable outcomes. Here he addresses similar ideas but turns them on their head. In some cases, he explains, the irrational course of action can actually be the best way to go. The book is divided into two sections addressing the ways people "defy logic" at work and at home, respectively, featuring descriptions of behavioral experiments Ariely and his colleagues have performed. Many of the results are surprising. Logic would suggest, for example, that taking breaks during a boring or unpleasant task would be beneficial. Not so, writes the author, whose experiments indicated that taking breaks actually makes it harder to adapt to a task, making it more difficult. In another experiment, he examined why people are more likely to give to charities when they feel an emotional connection to them, and found that when people think rationally about charities, they tend to give much less. Nearly all of Ariely's experiments are convincing, and his amiable tone is often charming. He also brings a welcome personal aspect to the book, drawing on the story of a tragedy from his youth. When he was a teenager in the Israeli Defense Forces, an accidental discharge of a magnesium flare left him with severe burns on 70 percent of his body. His recovery-which also involved a contraction of hepatitis from a blood transfusion-was long and grueling, but it gave him some keen insights into human behavior. He writes perceptively about his excruciating experience to effectively back up various behavioral concepts-such as why some victims of accidents develop a heightened tolerance for pain, while terminal cancer victims do not. Consistently sharp.


Introduction Lessons from Procrastination and Medical Side Effects 1

Hepatitis and procrastination

The movie treatment

What we should do and behavioral economics

From food to incompatible design

Taking irrationality into account

Part I THE UNEXPECTED WAYS WE DEFY LOGIC AT WORK

Chapter 1 Paying More for Less: Why Big Bonuses Don't Always Work 17

Of mice and men, or how high stakes affect rats and bankers

Measuring the effects of a CEO-sized bonus in India

Loss aversion: why bonuses aren't really bonuses

Working under stress: just how clutch are "clutch" NBA players?

Stage fright and the social side of high stakes

Making compensation work for society

Chapter 2 The Meaning of Labor: What Legos Can Teach Us about the Joy of Work 53

You are what you do: identity and labor

The pains of wasted work

Lessons from a parrot---and some hungry rats

Searching for meaning while playing with Legos

Making work matter again

Chapter 3 The IKEA Effect: Why We Overvalue What We Make 83

Why IKEA makes us blush (with pride)

Cooking lessons: finding a balance between just adding water and baking an apple pie from scratch

The real value of a thousand origami cranes (and frogs)

Customize it!

Why "almost done" doesn't do much for us

Why we need labors of love

Chapter 4 The Not-Invented-Here Bias: Why "My" Ideas Are Better than "Yours" 107

Mark Twain describes a universal form of stupidity

"Anything you can do I can do better": why we favor our own ideas

The toothbrush theory

What we can learn from Edison's mistake 7

Chapter 5 The Case for Revenge: What Makes Us Seek Justice? 123

The joys of payback

The bailouts and pounds of flesh

One man's quest for revenge against Audi

The etiquette of revenge

Companies beware: when consumers go public

Uses and misuses of revenge

Making amends

Part II THE UNEXPECTED WAYS WE DEFY LOGIC AT HOME

Chapter 6 On Adaptation: Why We Get Used to Things (but Not All Things, and Not Always) 157

Frogs: to boil or not to boil?

Adapting to visual cues and pain thresholds

Hedonic adaptation: from houses to spouses and beyond

How the hedonic treadmill keeps us buying---and buying more

How we can break and enhance adaptation

Making our adaptability work for us

Chapter 7 Hot or Not? Adaptation, Assortative Mating, and the Beauty Market 191

A personal adaptation

When mind and body don't get along

Sticking to our own (more or less hot) kind in dating: do we settle or adapt?

Let's ask the Internet: dating sites and romantic criteria

How I met your mother

Chapter 8 When a Market Fails: An Example from Online Dating 213

The function of the yenta

The dysfunctional singles market (as if you didn't already know)

The difference between your date and a digital camera

An exemplary failure in dating

How dating sites skew our perceptions

Ideas for a better dating future

Chapter 9 On Empathy and Emotion: Why We Respond to One Person Who Needs Help but Not to Many 237

Baby Jessica versus the Rwandan genocide

The difference between an individual and a statistic

Identification: needed for more than buying beer

How the American Cancer Society reels us in

The effect of rational thinking on giving

Overcoming our inability to confront big problems

Chapter 10 The Long-Term Effects of Short-Term Emotions: Why We Shouldn't Act on Our Negative Feelings 257

Don't tread on me: my colleague learns a lesson about rudeness

The dark side of impulses

Deciding under the influence (of emotions)

The importance of "irrelevant" emotions

What a canoe can tell you about your love life

Chapter 11 Lessons from Our Irrationalities: Why We Need to Test Everything 281

A decision about life and limb

Gideon's biblical empiricism

The wisdom of leeches

Lessons learned, hopefully

Thanks 297

List of Collaborators 299

Notes 305

Bibliography and Additional Readings 307

Index 319

ISBN: 9780061995033
ISBN-10: 0061995037
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 340
Published: 1st June 2010
Dimensions (cm): 23.6 x 16.6  x 3.1
Weight (kg): 0.526