Dan Ariely
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
Courses by Dan
Articles by Dan
Activity
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Some people describe marriage as a kind of economic gamble—like betting half your belongings that love will last. It’s a clever analogy, but also a…
Some people describe marriage as a kind of economic gamble—like betting half your belongings that love will last. It’s a clever analogy, but also a…
Shared by Dan Ariely
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So lovely attending the intimate dinner with Senator John Fetterman last night in Tel Aviv, and presenting our vision for Epilog to the Senator and…
So lovely attending the intimate dinner with Senator John Fetterman last night in Tel Aviv, and presenting our vision for Epilog to the Senator and…
Liked by Dan Ariely
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We’re very excited to welcome Sivan Bleich to be working with our team in Israel as an Innovation Expert: Water Specialist. Formerly a department…
We’re very excited to welcome Sivan Bleich to be working with our team in Israel as an Innovation Expert: Water Specialist. Formerly a department…
Liked by Dan Ariely
Experience
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Duke University
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Co-Founder
Kayma Labs
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Founder and Director
Center for Advanced Hindsight
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co-founder
Genie
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Visiting Professor
MIT The Media Laboratory
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Education
Skills
Publications
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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 authorsSee 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
Languages
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English
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Hebrew
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Recommendations received
4 people have recommended Dan
Join now to viewMore activity by Dan
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“If you’re going to go down that road, be prepared for two-way traffic.” Ever wondered why engagement rings are such a big deal? It’s not just about…
“If you’re going to go down that road, be prepared for two-way traffic.” Ever wondered why engagement rings are such a big deal? It’s not just about…
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Behind my event and exhibition curation work is A LOT of research and analysis. For over two decades this ongoing groundwork has taken me on a huge…
Behind my event and exhibition curation work is A LOT of research and analysis. For over two decades this ongoing groundwork has taken me on a huge…
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How does stress shape our decisions? 🧠 When we’re under stress, our cognitive bandwidth shrinks, making it harder to think clearly and plan for the…
How does stress shape our decisions? 🧠 When we’re under stress, our cognitive bandwidth shrinks, making it harder to think clearly and plan for the…
Shared by Dan Ariely
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A lot of people approach productivity as an exercise in will power. But it’s much more effective to think about the conditions that help you be more…
A lot of people approach productivity as an exercise in will power. But it’s much more effective to think about the conditions that help you be more…
Liked by Dan Ariely
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Why do losses feel so much worse than gains feel good? Loss aversion is our tendency to overreact to what we lose, even when it doesn’t really…
Why do losses feel so much worse than gains feel good? Loss aversion is our tendency to overreact to what we lose, even when it doesn’t really…
Shared by Dan Ariely
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