Freakonomics: Decision Making with a Twist

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Our textbook briefly discusses the process of decision making. It is the process of choosing among a set of options. The authors of Freakonomics, Steven D. Levitt and Stephen J. Dubner, took an interesting twist to this concept of psychology. They decided to show that, at root, economics is the study of incentives. One chapter uses economic theory to show cheating exists in sumo wrestling. The authors say that if people have a chance to cheat, some will. This is decision making.

Freakonomics may not seem that interesting to some students, including myself when it was introduced to me by my dad. However, after looking into the Freakonomics website, it appears to be fascinating. The authors look into correlation versus causation on a wide variety of topics. For example, how did the legalization of abortion affect the rate of violent crime? These topics may not all be relevant to a college students life; however, reading this book will help us understand the way in which people make decisions. This can be applied to every aspect of college student's life. We wake up each morning and decide whether or not to go to class and each moment we make after this is made up of decisions.
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If you don't have the time or money to read the book, you're in luck. They have turned the Freakonomics ideas into a movie and lucky for you again, it's on Netflix! The movie trailer can be found on YouTube and gives a quick glimpse into the use of economics to decipher decision making.

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payday loans no credit check from payday loans no credit check on October 27, 2012 4:14 AM

Freakonomics: Decision Making with a Twist - Sections 24 and 25 SP12 PSY 1001 Read More

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I'm very glad you decided to blog about this book! I also had it recommended to me by may dad and found out it was a fascinating read. It is amazing how incentives drives our decision making. I have also seen the movie and my favorite part was how much effect a persons name can have on their future endeavors, such as landing a job.

This seems like an interesting book! I think it's important for college students to read books that give them good information but are also interesting. Many people don't realize that even little decisions that they make can affect them in the future.

I have heard great things about this book from many people! It is interesting to see how completely opposite ideas may have a correlation (and maybe a causation) between the two. However, it is important to be cautious when trying to find connections between two different ideas as there may always be a 3rd variable that helps them to have a correlation.

I found this book very interesting when I read it for a previous class! Now looking back on it, and with what I know from this Psychology class, I question some of the things in it in relations to causation v correlation. They didn’t always present a lot of evidence. Also, at times it might have been too water downed, simplified to be reliable. Before this class, I had never thought about these aspects of the book before! I would recommend it though as well, as an interesting thought provoking read.

It's interesting to think about just how many decisions we make in a day. I'm definitely going to have to read this book or watch the movie!

I had to read this book for high school, and I must say that it is one of my favorite books I have read. Economics is interesting to me, but this book took a totally different approach to things. If some of you haven't read it yet, I highly recommend doing so. I haven't seen the movie but I'm sure it's worthwhile as well.

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This page contains a single entry by bake0545 published on March 25, 2012 6:27 PM.

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