When I had a class with Dan Ariely—author of the highly acclaimed Predictably Irrational—last semester he performed a dollar auction, where students could bid on a $20 bill. The highest bidder got the $20, but the second-highest bidder had to pay the second-highest bid. What generally results is a bidding war that goes above $20, [...]
Archive for July 9th, 2009
9 Jul
Predictably Paternalistic
Posted by Josh in Psychology, economics. Tagged: auction wbesites, behavioral economics, Dan Ariely, deceptively cheap laptops, Eric Johnson and Daniel Goldstein, Freakonomics, organ donation, Predictably Irrational, Psychology, sunk costs, Swoopo, trendy schools of thought that spark worry in me. 6 Comments
9 Jul
In Defense of… Barenaked Ladies
Posted by Tim in Music. Tagged: generalizations of otherwise idiosyncratic preferences, Bob Dylan, barenaked ladies, when i fall, pinch me, lovers in a dangerous time, brian wilson, break your heart, what a good boy, fun and games, one week, if i had a million dollars, it's all been done, a biased and frustrated attempt at justifying the more or less untenable. 1 Comment
“I could hide out under there / I just made you say, ‘Underwear.’”
It’s kind of an embarrassing confession: Barenaked Ladies are my favorite band.
You see, my relationship to music has been a very simple and static one. I grew up listening to non-threatening, easy-on-the-ears ‘90s rock. I never really stopped. I [...]
Tim
John S
Pierre Menard
Josh
NPI
