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Nudge: Improving Decisions About Health, Wealth, and Happiness
Amazon Best of the Month, April 2008: Debit or credit? Paper or plastic? Lease or buy? Public or private school? Have you made the right choices? Probably not, according to the important new research on the science of choice. In clear and entertaining style, Nudge: Improving Decisions About Health, Wealth, and Happiness provides a crash course on how and why humans are prone to make bad choices, and what we can do about it. Through dozens of eye-opening examples, authors Richard Thaler and Cass Sunstein demonstrate how "choice architecture"--a fancy term for the particular scenario or context in which we are asked to make a decision--can actually nudge us toward making better decisions. More importantly, the authors show that by putting the right "nudges" in place, choice architects (who range from cafeteria managers to divorce lawyers) can substantially improve just about everything important to us, from our retirement savings to the health of our planet, without removing our range of options. Recommended for fans and foes of Freakonomics and Predictably Irrational. -- Lauren Nemroff Bonus Excerpts from NudgeWho Needs to Nudge? Just what are "nudges"? And who needs to know about them? Learn more in this special excerpt. Ready for More? Read a sample chapter to see which dozen nudges the authors would most recommend for improving everyday life. Questions for Richard Thaler and Cass Sunstein Amazon.com: What do you mean by "nudge" and why do people sometimes need to be nudged? Thaler and Sunstein: By a nudge we mean anything that influences our choices. A school cafeteria might try to nudge kids toward good diets by putting the healthiest foods at front. We think that it's time for institutions, including government, to become much more user-friendly by enlisting the science of choice to make life easier for people and by gentling nudging them in directions that will make their lives better.
Amazon.com: What are some of the situations where nudges can make a difference? Thaler and Sunstein: Well, to name just a few: better investments for everyone, more savings for retirement, less obesity, more charitable giving, a cleaner planet, and an improved educational system. We could easily make people both wealthier and healthier by devising friendlier choice environments, or architectures.
Amazon.com: Can you describe a nudge that is now being used successfully? Thaler and Sunstein: One example is the Save More Tomorrow program. Firms offer employees who are not saving very much the option of joining a program in which their saving rates are automatically increased whenever the employee gets a raise. This plan has more than tripled saving rates in some firms, and is now offered by thousands of employers.
Amazon.com: What is "choice architecture" and how does it affect the average person's daily life? Thaler and Sunstein: Choice architecture is the context in which you make your choice. Suppose you go into a cafeteria. What do you see first, the salad bar or the burger and fries stand? Where's the chocolate cake? Where's the fruit? These features influence what you will choose to eat, so the person who decides how to display the food is the choice architect of the cafeteria. All of our choices are similarly influenced by choice architects. The architecture includes rules deciding what happens if you do nothing; what's said and what isn't said; what you see and what you don't. Doctors, employers, credit card companies, banks, and even parents are choice architects.
We show that by carefully designing the choice architecture, we can make dramatic improvements in the decisions people make, without forcing anyone to do anything. For example, we can help people save more and invest better in their retirement plans, make better choices when picking a mortgage, save on their utility bills, and improve the environment simultaneously. Good choice architecture can even improve the process of getting a divorce--or (a happier thought) getting married in the first place!
Amazon.com: You are very adamant about allowing people to have choice, even though they may make bad ones. But if we know what's best for people, why just nudge? Why not push and shove? Thaler and Sunstein: Those who are in position to shape our decisions can overreach or make mistakes, and freedom of choice is a safeguard to that. One of our goals in writing this book is to show that it is possible to help people make better choices and retain or even expand freedom. If people have their own ideas about what to eat and drink, and how to invest their money, they should be allowed to do so.
Amazon.com: You point out that most people spend more time picking out a new TV or audio device than they do choosing their health plan or retirement investment strategy? Why do most people go into what you describe as "auto-pilot mode" even when it comes to making important long-term decisions? Thaler and Sunstein: There are three factors at work. First, people procrastinate, especially when a decision is hard. And having too many choices can create an information overload. Research shows that in many situations people will just delay making a choice altogether if they can (say by not joining their 401(k) plan), or will just take the easy way out by selecting the default option, or the one that is being suggested by a pushy salesman.
Second, our world has gotten a lot more complicated. Thirty years ago most mortgages were of the 30-year fixed-rate variety making them easy to compare. Now mortgages come in dozens of varieties, and even finance professors can have trouble figuring out which one is best. Since the cost of figuring out which one is best is so hard, an unscrupulous mortgage broker can easily push unsophisticated borrowers into taking a bad deal.
Third, although one might think that high stakes would make people pay more attention, instead it can just make people tense. In such situations some people react by curling into a ball and thinking, well, err, I'll do something else instead, like stare at the television or think about baseball. So, much of our lives is lived on auto-pilot, just because weighing complicated decisions is not so easy, and sometimes not so fun. Nudges can help ensure that even when we're on auto-pilot, or unwilling to make a hard choice, the deck is stacked in our favor.
Amazon.com: Are we humans just poorly adapted for making sound judgments in an increasingly fast-paced and complex world? What can we do to position ourselves better? Thaler and Sunstein: The human brain is amazing, but it evolved for specific purposes, such as avoiding predators and finding food. Those purposes do not include choosing good credit card plans, reducing harmful pollution, avoiding fatty foods, and planning for a decade or so from now. Fortunately, a few nudges can help a lot. A few small hints: Sign up for automatic payment plans so you don't pay late fees. Stop using your credit cards until you can pay them off on time every month. Make sure you're enrolled in a 401(k) plan. A final hint: Read Nudge.
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Price: $16.00
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Sway: The Irresistible Pull of Irrational Behavior
A fascinating journey into the hidden psychological influences that derail our decision-making, Sway will change the way you think about the way you think.
Why is it so difficult to sell a plummeting stock or end a doomed relationship? Why do we listen to advice just because it came from someone “important”? Why are we more likely to fall in love when there’s danger involved? In Sway, renowned organizational thinker Ori Brafman and his brother, psychologist Rom Brafman, answer all these questions and more.
Drawing on cutting-edge research from the fields of social psychology, behavioral economics, and organizational behavior, Sway reveals dynamic forces that influence every aspect of our personal and business lives, including loss aversion (our tendency to go to great lengths to avoid perceived losses), the diagnosis bias (our inability to reevaluate our initial diagnosis of a person or situation), and the “chameleon effect” (our tendency to take on characteristics that have been arbitrarily assigned to us).
Sway introduces us to the Harvard Business School professor who got his students to pay $204 for a $20 bill, the head of airline safety whose disregard for his years of training led to the transformation of an entire industry, and the football coach who turned conventional strategy on its head to lead his team to victory. We also learn the curse of the NBA draft, discover why interviews are a terrible way to gauge future job performance, and go inside a session with the Supreme Court to see how the world’s most powerful justices avoid the dangers of group dynamics.
Every once in a while, a book comes along that not only challenges our views of the world but changes the way we think. In Sway, Ori and Rom Brafman not only uncover rational explanations for a wide variety of irrational behaviors but also point readers toward ways to avoid succumbing to their pull. .
Price: $12.34
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Biology
Neil Campbell and Jane Reece's BIOLOGYremains unsurpassed as the most successful majors biology textbook in the world. This text has invited more than 4 million students into the study of this dynamic and essential discipline.The authors have restructured each chapter around a conceptual framework of five or six big ideas. An Overview draws students in and sets the stage for the rest of the chapter, each numbered Concept Head announces the beginning of a new concept, and Concept Check questions at the end of each chapter encourage students to assess their mastery of a given concept. New Inquiry Figures focus students on the experimental process, and new Research Method Figures illustrate important techniques in biology. Each chapter ends with a Scientific Inquiry Question that asks students to apply scientific investigation skills to the content of the chapter. .
Price: $60.00
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The Choice
#1 New York Times bestseller Nicholas Sparks turns his unrivaled talents to a new tale about love found and lost, and the choices we hope we'll never have to make. Travis Parker has everything a man could want: a good job, loyal friends, even a waterfront home in small-town North Carolina. In full pursuit of the good life - boating, swimming , and regular barbecues with his good-natured buddies -- he holds the vague conviction that a serious relationship with a woman would only cramp his style. That is, until Gabby Holland moves in next door. Spanning the eventful years of young love, marriage and family, THE CHOICE ultimately confronts us with the most heartwrenching question of all: how far would you go to keep the hope of love alive?.
Price: $8.88
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No Choice But Seduction: A Malory Novel
#1 New York Times bestselling author Johanna Lindsey's "mastery of historical romance" (Entertainment Weekly) takes center stage in her eagerly anticipated new novel of the aristocratic Malory family -- a passionate, witty, and high-spirited tale that provides startling new information about a prominent member of the family. After her mother died, vivacious Katey Tyler fled her dull Connecticut town, hoping to meet her relatives in England and find adventure and romance on a grand tour of Europe. She had no idea that her life-changing travels would have both in spades -- as well as danger and intrigue -- when she catches the eye of ship owner Boyd Anderson and inadvertently stumbles upon a high-stakes kidnapping. When Sir Anthony Malory's young daughter is abducted from London's Hyde Park, her kidnapper mistakenly sends the ransom note to the home of Sir Anthony's brother, James. With James and his wife, Georgina, in the Caribbean, the demands are received by their houseguest -- Georgina's youngest brother, Boyd Anderson. Searching for the girl with Anthony, the notoriously hot-headed American sea captain fully intends to make the foolhardy villain pay. But he hardly expects to find exquisite Katey Tyler, recently a passenger on his ship, at the center of the plot! Little does Katey realize that in having caught the attention of Boyd Anderson -- and in meeting up with the Malorys -- she's about to experience more excitement than the typical young lady encounters on a grand tour, and her life will never be dull again. A multitude of surprises await Katey, from the startling truth about her mother's early life to the lengths a man will go to win the affections of a lady who has every reason to despise him -- but who can't resist the seductive, impassioned love he has to offer her. With the delightful humor, lovable characters, and tempestuous passions that have placed Johanna Lindsey's eight previous Malory novels among the best-loved and most widely read romantic novels of our time, No Choice But Seduction sweeps readers away on an irresistible adventure that is as bold and charming as the heroine at its heart..
Price: $15.64
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Fiske Guide to Colleges 2009 (Fiske Guide to Colleges)
For more than 20 years, this leading guide to more than 300 colleges and universities has been an indispensable source of information for college-bound students and their parents. Hip, honest and straightforward, the Fiske Guide to Colleges delivers an insider's look at the academic climates and the social and extracurricular scenes at the "best and most interesting" schools in the U.S., plus Canada and Great Britain. Includes: -- Fiske's exclusive academic, social and quality-of-life ratings -- The 40+ schools that deliver the best education at the most reasonable costs -- Lists of each school's strongest majors and programs -- Candid tips from each school's current students -- A self-quiz to help understand which college is right for a student -- Vital information on how to apply -- "Overlap" listings to help students expand their options -- Selectivity statistics and SAT and ACT ranges .
Price: $14.91
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Corduroy
Have you ever dreamed of being locked in a department store at night? The endearing story of Corduroy paints a picture of the adventures that might unfold (for a teddy bear at least) in such a situation. When all the shoppers have gone home for the night, Corduroy climbs down from the shelf to look for his missing button. It's a brave new world! He accidentally gets on an elevator that he thinks must be a mountain and sees the furniture section that he thinks must be a palace. He tries to pull a button off the mattress, but he ends up falling off the bed and knocking over a lamp. The night watchman hears the crash, finds Corduroy, and puts him back on the shelf downstairs. The next morning, he finds that it's his lucky day! A little girl buys him with money she saved in her piggy bank and takes him home to her room. Corduroy decides that this must be home and that Lisa must be his friend. Youngsters will never get tired of this toy-comes-alive tale with a happy ending, so you may also want to seek out Dan Freeman's next creation, A Pocket for Corduroy. (Ages 3 to 8).
Price: $6.75
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QBQ! The Question Behind the Question: Practicing Personal Accountability in Work and in Life
QBQ! by John G. Miller is a motivational primer aimed at purging the "blame, complaining, and procrastination" from the workplace Miller believes that one of the hallmarks of today's business culture is a lack of personal accountability; he prescribes the cure in this series of short stories and personal observations drawn from his years of experience running his organizational development firm. His main point is that positive change begins with individuals changing themselves: "Instead of asking, 'When will others walk their talk?' let's walk our talk first." The result is choppy (39 chapters in 115 pages), and at times Miller's advice boils down to truism and cliché. Nevertheless, managers whose workplaces demand remedial, straightforward advice should find a useful tool here. --Harry C. Edwards.
Price: $7.98
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Colleges That Change Lives: 40 Schools That Will Change the Way You Think About Colleges
Now fully revised—the perennially popular guide to choosing the right college Prospective college students and their parents have been relying on Loren Pope’s expertise since 1995, when he published the first edition of this indispensable guide. This new edition profiles 41 colleges—all of which outdo the Ivies and research universities in producing performers, not only among A students but also among those who get Bs and Cs. Contents include: • Evaluations of each school’s program and “personality” • Candid assessments by students, professors, and deans • Information on the progress of graduates This new edition not only revisits schools listed in previous volumes to give readers a comprehensive assessment, it also addresses such issues as homeschooling, learning disabilities, and single-sex education..
Price: $8.49
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Natural Cures "They" Don't Want You To Know About
Kevin Trudeau blows the lid off a nest of deception and double standards concerning general and individual health in this new book, "Natural Cures 'They' Don't Want You To Know About." Kevin has risked government prosecution to bring you the full story of an intricate conspiracy. From the retail supermarket outlets of huge, publicly traded corporations comes processed, manipulated, engineered "food products" - produced by other wings of the same corporation. These artificial, toxic treats are then sold with the blessings of the Federal Trade Commission and Food and Drug Administration - government organizations charged with safeguarding the public good - laying the foundations for future disease and chronic ill-health for the consumer, and a guaranteed source of revenue for the medical and pharmaceutical sectors. Kevin reveals the shocking truth of how drugs - which are being advertised directly to the consumer, pushing their use to an all-time high - are actually the cause of illness and disease climbing to near epidemic levels. And, though it sounds dire, Kevin offers a light in the darkness and directs the reader to scores and scores of alternative therapies, medical practices, philosophies and - most importantly - potential cures that help your body regain its natural state of health and vibrancy. So follow Kevin on an amazing journey through the behind-the-scenes world of corporate sponsored "nutrition" and "health," and learn about "Natural Cures 'THEY' Don't Want You To Know About.".
Price: $1.73
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