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Nick Mishkin
https://www.goodreads.com/behavior2020
Experienced radiologists who evaluate chest X-rays as “normal” or “abnormal” contradict themselves 20% of the time when they see the same picture on separate occasions.
“It is very difficult to make really big,
important, life-changing decisions because we are all susceptible
to a formidable array of decision biases. There are more of them
than we realize, and they come to visit us more often than we
like to admit.”
― The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home
important, life-changing decisions because we are all susceptible
to a formidable array of decision biases. There are more of them
than we realize, and they come to visit us more often than we
like to admit.”
― The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home
“Standard economics assumes that we are rational... But, as the results presented in this book (and others) show, we are far less rational in our decision making... Our irrational behaviors arevneither random nor senseless- they are systematic and predictable. We all make the same types of mistakes over and over, because of he basic wiring of our brains.-pg. 239”
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
“But because human being tend to focus on short-term benefits and our own immediate needs, such tragedies of the commons occur frequently .”
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
“Maybe we feel meaning only when we deal with something bigger. Perhaps we hope that someone else, especially someone important to us, will ascribe value to what we've produced? Maybe we need the illusion that our work might one day matter to many people. That it might be of some value in the big, broad world out there [...]? Most likely it is all of these. But fundamentally, I think that almost any aspect of meaning [...] can be sufficient to drive our behaviour. As long as we are doing something that is somewhat connected to our self image, it can fuel our motivation and get us to work much harder.”
― The Honest Truth About Dishonesty: How We Lie to Everyone - Especially Ourselves
― The Honest Truth About Dishonesty: How We Lie to Everyone - Especially Ourselves
“A few years ago, for instance, the AARP asked some lawyers if they would offer less expensive services to needy retirees, at something like $30 an hour. The lawyers said no. Then the program manager from AARP had a brilliant idea: he asked the lawyers if they would offer free services to needy retirees. Overwhelmingly, the lawyers said yes. What was going on here? How could zero dollars be more attractive than $30? When money was mentioned, the lawyers used market norms and found the offer lacking, relative to their market salary. When no money was mentioned they used social norms and were willing to volunteer their time. Why didn’t they just accept the $30, thinking of themselves as volunteers who received $30? Because once market norms enter our considerations, the social norms depart.”
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
― Predictably Irrational: The Hidden Forces That Shape Our Decisions
Nick’s 2024 Year in Books
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