The Art of Charm

Decision Making For Better Relationships | Dan Ariely


Listen Later

In today’s episode, we discuss the science of human decision-making and behavior with Dan Ariely, a world-renowned expert in psychology and behavioral economics. As the James B. Duke Professor of Psychology and Behavioral Economics at Duke University, Dan has dedicated his career to uncovering the irrational patterns that drive our decisions. He’s the author of multiple bestselling books, including Predictably Irrational, The Upside of Irrationality, and The Honest Truth About Dishonesty, where he explores the predictable mistakes we make and how understanding them can lead to better outcomes in life, business, and relationships. 


Join us for an eye-opening conversation with Dan Ariely as he explores the hidden biases and patterns that influence our decisions, from everyday choices to life-altering moments. Why do we often invest more time deciding on small purchases than major life decisions? How does regret shape our behavior, and why do we favor inaction over action? Dan shares powerful insights into the psychological forces at play in our decision-making, the tension between market and social norms, and how to build habits and environments that support better outcomes. 


What to Listen ForIntroduction – 00:00:00
  • What is regret, and how does it bias us toward inaction over action?
  • How did Dan’s experience in the hospital lead to groundbreaking research on irrational behaviors?
  • Why do people spend more time on medium-sized decisions than life-changing ones like marriage or buying a house?
  • What does Dan’s research reveal about indecision and its long-term costs?
  • Overcoming Indecision and the Role of Regret – 00:07:24
    • How does regret influence our tendency to avoid taking action?
    • What mental strategies can we use to frame decisions more effectively and reduce indecision?
    • Why is setting a deadline a critical tool for making tough choices?
    • Building Habits and Simplifying Decisions – 00:17:45
      • Why is it essential to focus on process rather than outcome when evaluating decisions?
      • How can creating rituals and habits reduce decision fatigue and lead to better outcomes?
      • What are Dan’s personal strategies for avoiding temptation and building productive habits?
      • Market Norms vs. Social Norms – 00:31:56
        • What are market norms and social norms, and why do they often conflict?
        • How can introducing financial incentives harm social motivations?
        • Why is it difficult to shift back to social norms once market norms dominate a relationship?
        • Trust, Relationships, and Long-Term Success – 00:40:02
          • How does trust develop in long-term relationships, and why does it thrive under social norms?
          • What role does empathy play in fostering trust and cooperation?
          • Why are open-ended interactions more effective at building trust than transactional exchanges?
          • Actionable Insights for Better Decision-Making – 00:46:00
            • How can we overcome regret, procrastination, and indecision in daily life?
            • Why should we prioritize the quality of our decision-making process over the unpredictability of outcomes?
            • What steps can leaders take to cultivate trust and align their organizations with social norms?
            • Learn more about your ad choices. Visit megaphone.fm/adchoices

              ...more
              View all episodesView all episodes
              Download on the App Store

              The Art of CharmBy The Art of Charm

              • 4.7
              • 4.7
              • 4.7
              • 4.7
              • 4.7

              4.7

              10,471 ratings


              More shows like The Art of Charm

              View all
              The School of Greatness by Lewis Howes

              The School of Greatness

              21,270 Listeners

              The $100 MBA Show by Omar Zenhom

              The $100 MBA Show

              1,115 Listeners

              ManTalks Podcast by Connor Beaton

              ManTalks Podcast

              544 Listeners

              Negotiate Anything by Kwame Christian Esq., M.A.

              Negotiate Anything

              671 Listeners

              How to Be Awesome at Your Job by How to be Awesome at Your Job

              How to Be Awesome at Your Job

              1,028 Listeners

              Kwik Brain with Jim Kwik by Jim Kwik, Your Brain Coach, Founder www.KwikLearning.com

              Kwik Brain with Jim Kwik

              4,813 Listeners

              Speak Up: Develop Your Executive Presence & Leadership Communication Style by Laura Camacho

              Speak Up: Develop Your Executive Presence & Leadership Communication Style

              80 Listeners

              FranklinCovey On Leadership with Scott Miller by FranklinCovey

              FranklinCovey On Leadership with Scott Miller

              219 Listeners

              Talk About Talk - Communication Skills Training by Dr. Andrea Wojnicki

              Talk About Talk - Communication Skills Training

              39 Listeners

              On Purpose with Jay Shetty by iHeartPodcasts

              On Purpose with Jay Shetty

              26,892 Listeners

              The Happiness Lab with Dr. Laurie Santos by Pushkin Industries

              The Happiness Lab with Dr. Laurie Santos

              14,389 Listeners

              Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

              Think Fast Talk Smart: Communication Techniques

              791 Listeners

              The Daily Motivation by Lewis Howes

              The Daily Motivation

              893 Listeners

              The Mel Robbins Podcast by Mel Robbins

              The Mel Robbins Podcast

              20,358 Listeners

              The Jefferson Fisher Podcast by Civility Media

              The Jefferson Fisher Podcast

              7,927 Listeners