Dan Ariely famous quotes
Last updated: Sep 5, 2024
-
Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.
-- Dan Ariely -
Even the most analytical thinkers are predictably irrational; the really smart ones acknowledge and address their irrationalities.
-- Dan Ariely -
Honesty is a complex and tricky thing, and we don't want to be honest all the time.
-- Dan Ariely -
The most difficult thing is to recognize that sometimes we too are blinded by our own incentives. Because we don’t see how our conflicts of interest work on us.
-- Dan Ariely -
The bad news is that ignoring the performance of people is almost as bad as shredding their effort in front of their eyes. … The good news is that by simply looking at something that somebody has done, scanning it and saying ‘uh huh,’ [you] dramatically improve people's motivations.
-- Dan Ariely -
In terms of the actual curriculum for management education, my own view is very simple-minded: The world is incredibly complex, it changes all the time, and we should not even hope that we could create a general model that accurately describes the world in all its possible states.
-- Dan Ariely -
I always found the appeal to the market gods a bit odd. Why would the market fix mistakes instead of aggravating them?
-- Dan Ariely -
We should teach the students, as well as executives, how to conduct experiments, how to examine data, and how to use these tools to make better decisions.
-- Dan Ariely -
It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like Homer Simpson than Superman. So from this perspective it is rather depressing. But at the same time there is also a silver lining. There are free lunches!
-- Dan Ariely -
Brands communicate in two directions: they help us tell other people something about ourselves, but they also help us form ideas about who we are.
-- Dan Ariely -
What kind of people would be able to rationalize better than other people? Better storytellers, right? Creative people, right? Because if you're creative, you find more ways to cheat and still yourself a story about why this is okay.
-- Dan Ariely -
The experiments show quite clearly that, as you resist more and more temptation, you're actually more and more likely to fail.
-- Dan Ariely -
Because cheating is easier when we can justify our behavior, people often cheat in small amounts: We can come up with an excuse for stealing Post-It notes, but it is much more difficult to come up with an excuse for taking $10,000 from petty cash.
-- Dan Ariely -
The retail industry has its own headache: it loses $16 billion a year to customers who buy clothes, wear them with the tags tucked in, and return these secondhand clothes for a full refund.
-- Dan Ariely -
that when given the opportunity, many honest people will cheat.
-- Dan Ariely -
individuals are honest only to the extent that suits them (including their desire to please others)
-- Dan Ariely -
When we think about labor, we usually think about motivation and payment as the same thing, but the reality is that we should probably add all kinds of things to it — meaning, creation, challenges, ownership, identity, pride.
-- Dan Ariely -
Thinking is difficult and sometimes unpleasant.
-- Dan Ariely -
Companies, however unintentionally, choke the motivation out of their employees.
-- Dan Ariely -
Take a brilliant, creative social scientist, without any respect for conventional wisdom and you get Ellen Langer. She is a fantastic storyteller, and Counterclockwise is a fascinating story about the unexpected ways in which our minds and bodies are connected.
-- Dan Ariely -
With everything you do, in fact, you should train yourself to question your repeated behaviors.
-- Dan Ariely -
There's something about [cyclically] doing something over and over and over that seems to be particularly demotivating.
-- Dan Ariely -
When it comes to the mental world, when we design things like health care and retirement and stock markets, we somehow forget the idea that we are limited. I think that if we understood our cognitive limitations in the same way that we understand our physical limitations … we could design a better world.
-- Dan Ariely -
We have very strong intuitions about all kinds of things — our own ability, how the economy works, how we should pay school teachers. But unless we start testing those intuitions, we’re not going to do better.
-- Dan Ariely -
That’s a lesson we can all learn: the more we have, the more we want. And the only cure is to break the cycle of relativity.
-- Dan Ariely -
...[D]ivision of labor, in my mind, is one of the dangers of work-based technology. Modern IT infrastructure allows us to break projects into very small, discrete parts and assign each person to do only one of the many parts. In so doing, companies run the risk of taking away employees' sense of the big picture, purpose, and sense of completion.
-- Dan Ariely -
We all want explanations for why we behave as we do and for the ways the world around us functions. Even when our feeble explanations have little to do with reality. We’re storytelling creatures by nature, and we tell ourselves story after story until we come up with an explanation that we like and that sounds reasonable enough to believe. And when the story portrays us in a more glowing and positive light, so much the better.
-- Dan Ariely -
The more cashless our society becomes, the more our moral compass slips.
-- Dan Ariely -
To summarize, using money to motivate people can be a double-edged sword. For tasks that require cognitive ability, low to moderate performance-based incentives can help. But when the incentive level is very high, it can command too much attention and thereby distract the person’s mind with thoughts about the reward. This can create stress and ultimately reduce the level of performance.
-- Dan Ariely -
In a world where everyone is behaving honestly, any dishonesty constitutes a big infraction. But, in a world where many people are behaving dishonestly, and the news is filled with stories of their infractions, even big infractions can feel small to the perpetrator.
-- Dan Ariely -
Disasters are usually a good time to re-examine what we've done so far, what mistakes we've made, and what improvements should come next.
-- Dan Ariely -
In life we encounter many people who, in some way or another, try to tattoo our faces.
-- Dan Ariely -
If you ever go bar hopping, who do you want to take with you? You want a slightly uglier version of yourself. Similar ... but slightly uglier.
-- Dan Ariely -
But because human being tend to focus on short-term benefits and our own immediate needs, such tragedies of the commons occur frequently .
-- Dan Ariely -
One percent of people will always be honest and never steal," the locksmith said. "Another one percent will always be dishonest and always try to pick your lock and steal your television. And the rest will be honest as long as the conditions are right - but if they are tempted enough, they'll be dishonest too. Locks won't protect you from the thieves, who can get in your house if they really want to. They will only protect you from the mostly honest people who might be tempted to try your door if it had no lock".
-- Dan Ariely -
We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic and predictable. We all make the same types of mistakes over and over, because of the basic wiring of our brains.
-- Dan Ariely -
Ownership is not limited to material things. It can also apply to points of view. Once we take ownership of an idea — whether it’s about politics or sports — what do we do? We love it perhaps more than we should. We prize it more than it is worth. And most frequently, we have trouble letting go of it because we can’t stand the idea of its loss. What are we left with then? An ideology — rigid and unyielding.
-- Dan Ariely -
It is helpful to think of people as having two fundamental motivations: the desire to see ourselves as honest, good people, and the desire to gain the benefits that come from cheating - on our taxes or on the football field.
-- Dan Ariely -
Giving up on our long-term goals for immediate gratification, my friends, is procrastination.
-- Dan Ariely -
If we all make systematic mistakes in our decisions, then why not develop new strategies, tools, and methods to help us make better decisions and improve our overall well-being? That's exactly the meaning of free lunches- the idea that there are tools, methods, and policies that can help all of us make better decisions and as a consequence achieve what we desire-pg. 241
-- Dan Ariely -
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.
-- Dan Ariely -
But suppose we are nothing more than the sum of our first, naive, random behaviors. What then?
-- Dan Ariely -
we usually think of ourselves as sitting the driver's seat, with ultimate control over the decisions we made and the direction our life takes; but, alas, this perception has more to do with our desires-with how we want to view ourselves-than with reality
-- Dan Ariely
You may also like:
-
Adam Grant
Professor -
Amos Tversky
Cognitive Psychologist -
Cass Sunstein
Legal Scholar -
Charles Duhigg
Writer -
Chip Heath
Author -
Daniel Gilbert
Professor -
Daniel H. Pink
Author -
Daniel Kahneman
Psychologist -
David Rubenstein
Executive -
Jonathan Haidt
Psychologist -
Malcolm Gladwell
Journalist -
Nassim Nicholas Taleb
Author -
Richard Thaler
Economist -
Robert Cialdini
Professor -
Seth Godin
Author -
Sheena Iyengar
Professor -
Simon Sinek
Author -
Steven Levitt
Economist -
Steven Pinker
Psychologist -
Tim Harford
Economist