Dan Ariely

Dan Ariely Dan Ariely is an influencer

I do research in behavioral economics and try to describe it in plain language. These findings have enriched my life, and my hope is that they will do the same for you.

Durham, North Carolina, United States
440K followers 500+ connections

About

Dan Ariely is a 3x New York Times Bestselling Author and Professor of Psychology & Behavioral Economics.

Behavioral economics is a field that explains why we all behave the ways we do in the world using principles from economics and psychology.

Dan has:

-worked for companies like Google; Apple; and several governments including US, Canada, Australia on behavior change
-spoken for many organizations including Ted, The World Economics Forum and many others.
-been the inspiration for the NBC show ‘The Irrational’

By helping others understand how we think and what we do, Dan hopes to enrich our lives and encourage us to make better mistakes.

Dan does this through the following companies of which he is a founder/ co-founder of:

-The Center for Advanced Hindsight, which was created to help people live better, using principles from behavioral economics.
-Irrational Capital, which was created to help investors capitalize on the idea that engaged and motivated employees boost company share price.
-Irrational Labs and BEWorks, which were created to help companies incorporate principles from behavioral economics into their product and processes.
-Shapa, which was created to help people better manage their health using human-friendly interventions and a non-threatening approach to weight management and healthcare.

Dan’s current projects involve

-Encouraging workplaces to make better decisions by focusing on the human capital factor and increasing motivation to reduce bureaucracy, some of these lessons and insights can be found, free for consumer, at the Center for Advanced Bureaucracy Website
-Encouraging all of us to make better daily decisions from the way we manage health, to money, to our relationships.
-Raising awareness on how people can come to believe false beliefs as described through my latest book Misbelief

If you would like to know more about these projects you can head to danariely.com

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Experience

  • Duke University

    Duke University

    17 years 4 months

    • Duke University Graphic

      Professor

      Duke University

      - Present 16 years 10 months

      James B Duke Professor of behavioral Economics at Duke University (Fuqua School of Business, Center for Cognitive Neuroscience, Department of Economics, School of Medicine)

    • Duke University Kenan Institute for Ethics Graphic

      Senior Fellow

      Duke University Kenan Institute for Ethics

      - Present 17 years 4 months

      Ethics

  • Irrational Capital  Graphic

    Co-Founder and Partner

    Irrational Capital

    - Present 8 years 9 months

    West Conshohocken, PA

    Irrational Capital is an investment research firm that applies workplace behavioral science, financial acumen and data analysis to create new investing strategies. By measuring and deeply understanding the impact of specific employee perceptions on a company's equity growth and future performance, we quantify the Human Capital Factor.

  • Co-Founder

    Kayma Labs

    - Present 7 years

    Tel Aviv Area, Israel

  • Epilog Graphic

    Co-founder and Chief Behavioral Officer

    Epilog

    - Present 3 years 4 months

    Tel Aviv-Yafo, Tel Aviv District, Israel

    Epilog is trying to make the last chapter of our life, the best it can be.

  • BEworks Graphic

    Co-Founder

    BEworks

    - Present 15 years 4 months

    Toronto CA

    BEworks is a business and policy strategy and advisory firm that is devoted to applying behavioural economics to real world challenges. The company's work includes identifying underlying consumer psychologies; designing new choice architecture in the customer experience including price, product, and placement strategies; and validating through experiments. BEworks was founded in 2010.

  • Shapa Health Graphic

    Co Founder

    Shapa Health

    - Present 10 years 4 months

    Shapa reduces some of the negative emotions that come from weighing ourselves, it makes the links between actions and outcomes more clear, it helps motivate healthy behavior, and it provides many daily tips for small but meaningful improvements to the way we live.

  • Founder and Director

    Center for Advanced Hindsight

    - Present 17 years

  • The Medical Professionalism Project Graphic

    Co-Founder

    The Medical Professionalism Project

    - Present 6 years

  • Dan Ariely's Irrational Game Graphic

    Inventor

    Dan Ariely's Irrational Game

    - Present 9 years 4 months

    The Irrational Game is a thought provoking, fun and engaging card game, where players second-guess human nature by predicting decisions people will make in unique situations.

    www.irrationalgame.com

  • Communitas Capital Partners, LLC Graphic

    Advisory Board

    Communitas Capital Partners, LLC

    - Present 7 years

    NYC

  • co-founder

    Genie

    - Present 12 years 4 months

    http://genie.cooking

    Together with Ayelet Carasso and Doron Marco we are working on ways to get people to eat less, better, healthier, and with less effort.

  • Lemonade Inc. Graphic

    Chief Behavioral Officer

    Lemonade Inc.

    - 5 years 7 months

    An amazing team trying to figure out how to create insurance that has no conflict of interests, and fun to use.

  • Timeful Graphic

    co-founder / chief behavioral officer

    Timeful

    - 2 years 4 months

    Mountain View CA

    An amazing place to contemplate time, time waste, and time management. And to try and improve efficient time use, reduced stress, and work life balance.

  • Visiting Professor

    MIT The Media Laboratory

    - 2 years 6 months

  • MIT Graphic

    Professor

    MIT

    - 11 years

    Economics and Psychology conference, Choice symposium

  • MIT Media Lab Graphic

    Professor

    MIT Media Lab

    - 10 years

Education

Skills

Publications

  • Fairness requires deliberation: the primacy of economic over social considerations

    Frontiers in Psychology

    While both economic and social considerations of fairness and equity play an important role in financial decision-making, it is not clear which of these two motives is more primal and immediate and which one is secondary and slow. Here we used variants of the ultimatum game to examine this question. Experiment 1 shows that acceptance rate of unfair offers increases when participants are asked to base their choice on their gut-feelings, as compared to when they thoroughly consider the available…

    While both economic and social considerations of fairness and equity play an important role in financial decision-making, it is not clear which of these two motives is more primal and immediate and which one is secondary and slow. Here we used variants of the ultimatum game to examine this question. Experiment 1 shows that acceptance rate of unfair offers increases when participants are asked to base their choice on their gut-feelings, as compared to when they thoroughly consider the available information. In line with these results, Experiments 2 and 3 provide process evidence that individuals prefer to first examine economic information about their own utility rather than social information about equity and fairness, even at the price of foregoing such social information. Our results suggest that people are more economically rational at the core, but social considerations (e.g., inequality aversion) require deliberation, which under certain conditions override their self-interested impulses.

    Other authors
    See publication
  • It’s (not) all about the Jacksons: Testing different types of short-term bonuses in the field

    Journal of Management

    The use of short-term bonuses to motivate employees has become an organizational regularity, but a thorough understanding of the relationship between these incentives and actual performance is lacking. We aim to advance this understanding by examining how three types of bonuses (cash, family meal voucher, and verbal reward) affect employees’ productivity in a field experiment conducted in a high-tech manufacturing factory. While all types of bonuses increased performance by over 4%…

    The use of short-term bonuses to motivate employees has become an organizational regularity, but a thorough understanding of the relationship between these incentives and actual performance is lacking. We aim to advance this understanding by examining how three types of bonuses (cash, family meal voucher, and verbal reward) affect employees’ productivity in a field experiment conducted in a high-tech manufacturing factory. While all types of bonuses increased performance by over 4%, non-monetary short term-bonuses had a slight advantage over monetary bonuses. In addition, the removal of the bonuses led to decreased productivity for monetary bonuses but not for the verbal reward. However, this negative effect of monetary short term-bonuses diminishes when a cash bonus is chosen by employees rather than granted by default. Theoretical implications about the effect of short-term bonuses on intrinsic motivation and reciprocity, as well as practical applications of short-term bonus plans that stem from our findings are discussed.

    Other authors
  • Learning by Collaborative and Individual-Based Recommendation Agents

    Journal of Consumer Psychology

    Other authors
  • The Price of Greed: How Economic Selfishness Harms Us All

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    Other authors

Languages

  • English

    -

  • Hebrew

    -

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