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5. Endowment Effect - Trying To Buy People's Lottery Tickets
May 16, 2019
Endowment effect is our tendency to overvalue something simply because we own it. We tried to test the limits of the phenomenon by buying people's lottery tickets for much more than they paid - but would they sell?
4. Availability Bias - Why The News Has Broken Our Brains
May 16, 2019
Availability bias means believing something is more likely because it's easier to remember, either through anecdotal evidence or because we've seen something in the news. Here's how to combat this effect.
3. Pricing Effect - Why Higher Prices Actually Make Us Enjoy Things More
May 16, 2019
The pricing effect refers to our tendency to see price as a signal for value or quality. But it's not just a marketing ploy. Turns out, a higher price tag actually makes wine taste better - here's why.
2. Anchoring Effect -
May 16, 2019
Anchoring effect is our tendency to rely too much on the first piece of information. Here's how knowing about the anchoring effect could help you do things like negotiate a pay rise.
1. Overconfidence Bias - Why Couples Never Think They Will Break Up
May 16, 2019
Overconfidence bias is our tendency to be more confident in our abilities than is objectively justified. Do you really think your marriage will last forever? We explore the overconfidence bias by asking couples about their relationships.
Description
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CastSara SilversteinAdam Grant
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Channel
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Premiere DateMay 16, 2019
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