Recipe for Success: With Guests Simon Rogan & Michele Gelfand
Choiceology with Katy Milkman
by Katy Milkman, Simon Rogan, Michele Gelfand
5d ago
Are rules made to be followed—or meant to be broken?  Often, the answer will depend on culture and the context in which people make decisions.  In this episode of Choiceology with Katy Milkman, we look at how carefully people in different contexts follow social norms, rules, and procedures. We'll also see how strict and relaxed cultures affect the quality of our decisions—and how to find the sweet spot depending on your goals. Professional kitchens have historically been challenging work environments: high standards, long hours with low pay, and a strong hierarchy of cooks in th ..read more
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Take the Deal! With Guests Daniel Kahneman, Colin Camerer & Luis Green (Rebroadcast)
Choiceology with Katy Milkman
by Katy Milkman, Daniel Kahneman, Colin Camerer, Luis Green
2w ago
In this episode of Choiceology with Katy Milkman, we look at how framing a decision based on what you stand to lose versus what you stand to gain affects your tolerance of risk. Luis Green was a contestant on the popular TV game show Deal or No Deal. The game is largely one of chance, but there are moments during play where the contestant has an option to accept a cash offer to quit. At one point in the game, Luis was offered $333,000 to simply walk away. A guaranteed win! It seems like an obvious choice. But as you’ll hear from the story, there are other factors that influenced his decis ..read more
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Top of Mind: With Guests John Farrell & Manasvini Singh
Choiceology with Katy Milkman
by Katy Milkman, Manasvini Singh, John A. Farrell
1M ago
When someone asks, "What's your favorite restaurant?" odds are you're inclined to recommend a place you've eaten at recently—even if it's not really your favorite.  It's just top of mind.  Why do we weigh recent events so heavily? And how does this tendency impact important decisions, like whom to vote for or how to conduct medical procedures?  In this episode of Choiceology with Katy Milkman, we look at a phenomenon that can cause us to overweight recent events compared to earlier events and make suboptimal decisions.  The 1968 presidential election was one of the clo ..read more
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Repeat After Me: With Guests Jennifer LeMesurier & Tali Sharot
Choiceology with Katy Milkman
by Katy Milkman, Jennifer LeMesurier, Tali Sharot
1M ago
Vitamin C is a cure for the common cold. Bats are blind. Sugar makes children hyperactive. All of these statements are false. So why are they so pervasive? And why do they feel so true? In this episode of Choiceology with Katy Milkman, we look at a phenomenon that can cause us to believe inaccurate information more than we should, and also lead us to trust reliable information less than we should. If you’re over a certain age, you might remember friends or family panicking about MSG, or monosodium glutamate, particularly in American Chinese food. But those health concerns stemmed from a s ..read more
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A Sticky Situation: With Guests Richard Thaler, Wendy Wood & Susan Budowski
Choiceology with Katy Milkman
by Katy Milkman, Richard Thaler, Wendy Wood, Susan Budowski
6M ago
Filling out an overly complicated form or waiting on hold for hours to speak with a customer service rep is a frustrating experience. And sometimes it seems like the process itself is designed to be difficult. In this episode of Choiceology with Katy Milkman, we look at how friction––time, distance, complexity, or anything that gets in the way of your goals—can contribute to what Nobel Prize–winning economist Richard Thaler calls "sludge."  A young couple walks into a theme park and they are offered a gift card. The only catch is that they have to watch a 90-minute presentation about time ..read more
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No Mean Feat: With Guests Albert Chen & Elizabeth Tipton
Choiceology with Katy Milkman
by Albert Chen, Elizabeth Tipton, Katy Milkman
7M ago
It’s halftime at a basketball game. A kid nervously steps onto center court. If he can score a basket from center court, he’ll take home the prize money. He tells the announcer that he plays on his elementary school team and that he has been practicing for this moment. The crowd holds their breath as the ball sails through the air, hits the backboard … and goes in. The stadium erupts in excitement. Could he be the next Michael Jordan?  In this episode of Choiceology with Katy Milkman, we look at how extraordinary performances can mislead people about future results. Sports Illustrated has ..read more
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A Cup of Knowledge: With Guests A.J. Jacobs & Steven Sloman
Choiceology with Katy Milkman
by Katy Milkman, A.J. Jacobs, Steven Sloman
8M ago
Why do ocean waves move the way they do? How does a toaster work? How might ink flow through a ballpoint pen without the help of gravity? You may know the answer to these questions, but explaining them in detail could reveal an unexpected truth. In this episode of Choiceology with Katy Milkman, we look at why people think they understand things better than they actually do. The idea started at the dinner table. One of A.J. Jacobs’ kids presented him with a seemingly simple task—thank the people who made his cup of coffee. A.J. took this task to heart and ended up visiting dozens of complex ope ..read more
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An Accidental Experiment: With Guests Steven Levitt, Solomon Ezra & Stephen Spector
Choiceology with Katy Milkman
by Katy Milkman, Steven Levitt, Donna Rosenthal, Soloman Ezra, Stephen Spector
9M ago
Scientifically sound, randomized experiments can be expensive and difficult to run. But there’s an alternative: It turns out that certain real-life situations can also generate useful scientific data. The trick is finding them. In this episode of Choiceology with Katy Milkman, we look at how events outside of our control can create opportunities for so-called natural or accidental experiments.   The organizers of a heroic airlift transporting thousands of Ethiopian Jews to Israel broke the record for the flight with the most passengers. It was 1994, and the clock was ticking for Israeli i ..read more
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Fan Fictions: With Guests Hannah Sung, Crystal Tai, & Anuj Shah
Choiceology with Katy Milkman
by Katy Milkman, Hannah Sung, Crystal Tai, Anuj Shah
1y ago
Finding a new favorite celebrity feels a little bit like falling in love. Perhaps you find their smile endearing, or you relate to their sense of humor. Maybe you see things in your everyday routine that remind you of them. You feel like you know them so well. But whether it’s a star athlete or a Hollywood type, the reality is they likely have no idea who you are.  In this episode of Choiceology withKaty Milkman, we explore how we can develop deep connections with complete strangers — and how that in turn makes us feel more known.  BTS is the biggest boy band in the world but their p ..read more
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The Beanie Bandwagon: With Guests Robert Cialdini & Yemisi Brookes
Choiceology with Katy Milkman
by Katy Milkman, Robert Cialdini, Yemisi Brookes
1y ago
Mullets. Skinny jeans. Crocs. Many of us can recall trends that we've jumped on, only to see those trends become passé soon after. But the fear of missing out can snowball into heavier consequences. In this episode of Choiceology with Katy Milkman, we look at how speculation and rapidly growing trends, however niche, can cloud people's judgment.  A tight knit group of friends in Chicago start buying stuffed animals from a little-known toymaker, called Ty Warner, for their kids. The friends' enthusiasm for the toys is contagious, and soon the demand for these cute stuffed animals, called B ..read more
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