Cover of Predictably Irrational by Dan Ariely

Cover via Open Library

Matt's pick · not sponsored

Predictably Irrational

  • behavioral economics
  • decision making
  • pricing
  • free
  • irrationality
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Why I'd hand it to you

Dan Ariely uses experiments to show that our mistakes aren't random. We overvalue anything free, judge options by what they are compared to, and let expectations change how things taste. The chapters are short and often funny, and you'll start noticing these patterns at the store and at work. I should be honest about one thing. Some of Ariely's later research came under serious scrutiny over its data, so it is fair to hold individual findings loosely. The broad lessons line up with what many other researchers have found. As a light introduction to behavioral economics, it still has value, just read it with a skeptical eye.

— Matt Jordan

Quick summary

Book
Predictably Irrational by Dan Ariely
Who it's for
Readers who want a light, entertaining introduction to behavioral economics, read with some skepticism about individual studies.
Key topics
  • Behavioral economics
  • Why "free" changes our choices
  • Pricing and comparison
  • Decision making
Shelves
Economics, Psychology, Business

Details

Author
Dan Ariely
ASIN
0061353248
On these shelves
Economics Psychology Business
Short link
mattsbooks.org/r/pirr