Comments on: Irrational Decisions – Relativity

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By: Tom

Tom — Thu, 05 Nov 2009 20:21:53 +0000

Yeah, seems like the best strategy for politics is to introduce a similar but uglier third candidate. Dunno if people vote in the same way as how they spend though. I’m sure there is plenty of research to google.
It would be interesting to see if these irrational phenomena persist into group purchases or decisions made by committee, or do these have a irrational perversity all of their own?

By: SELF DEVELOPMENT BLOG » The Key to Making Wise Decisions

SELF DEVELOPMENT BLOG » The Key to Making Wise Decisions — Wed, 28 Oct 2009 14:15:27 +0000

[...] our decisions in their favor. My friend Stephen Mills wrote a fascinating article about this called Irrational Decisions – Relativity. I highly recommend reading it. And last but not least, there are always the opinions of well [...]

By: Stephanie

Stephanie — Tue, 27 Oct 2009 23:31:04 +0000

Putting the two strands of your post together, it reminds me of some best friends I’ve known – where one is striking with a strong personality and the other is their similar, less noticable and more mellow side-kick. If you’re thinking about picking people up, it seems this combo may be a good deal for both concerned. The more conventionally attractive will be favoured by those whose strategy is close to the comparison photo idea – “they are similar enough that I can see this person is the better choice.” However, the sidekick may in turn be chosen by people going by the bread-machine theory of marketing – “they are similar but this one is less work, less egotistical, less demanding etc.” Just to turn some interesting research into pop psychology…
I think that taking these ideas you’re talking about away from how they operate in the world of money and into areas round politics, ethics and social relations could allow some important and useful and difficult thinking to begin to take place.

By: The Key to Making Wise Decisions

The Key to Making Wise Decisions — Tue, 27 Oct 2009 21:18:48 +0000

By: Tony

Tony — Fri, 23 Oct 2009 20:45:14 +0000

This gave me some new insight on my parents. We used to joke that they had a predilection to always picking the wrong thing. For example if given one choice between 10 correct decisions and 1 wrong decision, they seemed to always choose the wrong decision. Now I can see it was just the more obvious choice.

By: Justin

Justin — Fri, 23 Oct 2009 18:27:33 +0000

Great post! I work in advertising so this is something that I spend a lot of time thinking about.

Along the same lines, I think you’d like the book How We Decide by Jonah Lehrer.

By: Stephen Mills

Stephen Mills — Wed, 21 Oct 2009 02:52:09 +0000

Hi Michelle. I hope you can use it to your advantage. Thank your for sharing your thoughts with us.

By: Stephen Mills

Stephen Mills — Wed, 21 Oct 2009 02:51:16 +0000

Hi Bunny. Thanks for sharing your story here on at the trap. I always love hearing from you