This episode talks about the biases that makes humans predictably irrational. Those biases are the Negativity Bias, the Loss Aversion Bias, the Ostrich Effect, and lastly the Self-Serving Bias. With this episode, Allena, Angel, Jennifer, and Wynne hope that the listeners are well informed of these biases and know how to conquer them. These biases are lurking in the shadows, sneaking around and waiting for the chance to attack, causing you to react irrationally.

Thu, Wito, Owen and Rock give a summary of Chapter 8:

See the companion video here.

Our brains don't always work the way we think they do. In this episode, Honoka, Koki and Mei explain about the Anchoring Bias, the Availability Heuristic, Cognitive Dissonance, and the Confirmation Bias. In addition to explanations, they also show some examples they made to illustrate these topics.

With the premier episode of Season 2, Fikri, Gautam, and Williams talk about baises that we often encounter in our life. We might already know the how baises work but sometimes we don't know the name. In this discussion, we will focus on 4 baises: Hallo Effect, Hindsight Bais, Just World Hypothesis, and the last one will be the Ikea Effect. 

We hope that this podcast will help you to be a little bit more rational.

In this chapter, "The Power of Price," we discuss how price affects the effects we perceive. We also explain what he says about the placebo effect.

Our episode covers the following points: 

・Introduction

・The psychological effect that price has

・Expensive drugs  vs  Inexpensive drugs

~ Are expensive drugs more effective than cheap drugs? ~

・Manami's Placebo Experience

・What is a placebo?

・The placebo surgery

・Conclusion

As an introduction, we talk about a few examples of why there are different opinions about the same scene.Then, a scientist tested whether the predictions would influence subsequent views of the event. Specifically, they asked whether a pub patron's prediction of the taste of a certain beer would affect his or her perception of that beer. Finally, we conducted an experiment to see if and to what extent the experience changes as knowledge is acquired. This story summarizes the relationship between knowledge and taste.

Our group's PodCast is about Keeping doors open.

In this podcast episode, we talk about the contents of the 7th chapter of the book "Predictably Irrational" and our thoughts about it. This chapter explains how we value the things we own more that the things we do not own. To prove this idea, we did a survey that we talked about in this episode. We've also found that we focus on potential loss and not potential gain, think others see things from our perspective, and can feel ownership for a thing even before we own it.

Procrastination is the act of delaying or putting off tasks until the last minute, or past their deadline. Procrastination is a common phenomenon that chronically affects around 20% of adults, including lawyers, business executives, and college professors. Furthermore, it’s particularly prevalent among certain populations, such as college students, around 50% of whom procrastinate chronically. In this episode, we are going to talk about procrastination and Self-control based on the “Predictably Irrational” book by Dan Ariely. We will talk mainly about Student’s procrastination with our pieces of advice.

After an introduction into the world of social norms and historical norms, we give examples from the chapter: survey of the National Association of Retired Persons and the example of the daycare center in Israel. We then talk about a survey we conducted related to this issue. Understanding the cost of social norms is an important to understanding our relationships.