Essay about Book Review Predictably Irrational by Dan...

Book Review of Predictably Irrational Predictably Irrational, [Dan Ariely (2008); HarperCollins Publishers, USA] Introduction Dan Ariely is a Behavioural Economist, and has written this book fantabulously. He has added humour to talk about human emotions. He takes a lot of interest and finds it interesting figuring out of what really influences Human behaviour and decisions. Through out the book, it will be very interesting to catch up on everyday life situations and the hidden forces that influence our decision – making process. Thesis of the Book It has been proven in Economics that People who think Rationally take sensible and logical decisions,†¦show more content†¦Customers can go to any heights to vouch for something which is zero cost or is free. I think as readers we will be able to relate better with what the author is trying to put forth, since we ourselves sometime tend to behave irrationally. And often tend to repeat the same mistakes almost everyday. It is a bit funny, but is true, of how People are happy or are willing to do many things, but are not happy to do the same job when they are paid for that. For a example, They are many people who love to write, for example articles, poems, etc. Now, if the same people are given money to write for a Publisher or so on, his passion towards wrting or his motivation towards his writing would come down. His productivity would be low. Another example, could be , when Parents are called for a Meeting in the School, some come on time, while some dont. So, the School decided to fine those parents who came late for the Meeting. This plan backfired bcak to the school, the parents were ready to pay the fine, and took it for granted. This type of Behaviour is totally irrational. Why cant people take control of themselves, be more responsible? Is being Rational so difficult? The book talks about why do people procastinate and lack self- Control ?. Why are people so dependent on others for their own actions? Why cant we make ourselves do, what we want to do? This is an universal Truth, which is a problem with everybody . ForShow MoreRelatedHalo Effect Essay2917 Words   |  12 Pagesother studies going back to Peters and Waterman’s In Search of Excellence. They claim to have identified the drivers of company performance, but they have mainly shown the way that high performers are described. The fact is, despite the success of books like From Good to Great, it is not logically justifiable to infer the goodness (or badness) of a companys strategy, values, or leadership based on the fact of the success or failure of the company. The reason is obvious. Many companies go from goodRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOne Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book, and the publisher was aware of a trademark claim, the designations have been printed in initial caps or all caps. Library of Congress Cataloging-in-Publication Data Robbins, Stephen P. Organizational behavior / Stephen P. Robbins, Timothy A. Judge