Dan Ariely
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Dan Ariely (born 1968) is an Israeli professor of behavioral economics. He teaches at Duke University and is head of the eRationality research group at the MIT Media Lab.
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[edit] Biography
Dan Ariely was born in New York while his father was studying for a degree at Columbia University, but grew up in Ramat Gan and Ramat Hasharon, Israel. [1] His mother was a parole officer. [2] When he was 18 and a newly enlisted soldier of the IDF he suffered third-degree burns over 70 percent of his body from an accidental magnesium flare explosion.[3]
Ariely was a physics and mathematics major at Tel Aviv University, but transferred to philosophy when he found the writing involved too physically taxing.[4] He also holds an M.A. and Ph.D. in cognitive psychology from the University of North Carolina at Chapel Hill, and a Ph.D. in business from Duke University.
Ariely is married and has two children.[5]
[edit] Academic career
He was formerly the Alfred P. Sloan Professor of Behavioral Economics at MIT Sloan School of Management. Although he is a professor of marketing with no training in economics, he is considered to be one of the leading behavioral economists. Ariely is the author of the book, Predictably Irrational: The Hidden Forces That Shape Our Decisions, which was published on February 19, 2008 by HarperCollins. When asked whether reading Predictably Irrational and understanding one's irrational behaviors could make a person's life worse (such as by defeating the benefits of a placebo), Ariely responded that there could be a short term cost, but that there would also likely be longterm benefits, and that reading his book would not make a person worse off.[6]
[edit] Published works
- Try it, you'll like it: The influence of expectation, consumption, and revelation on preferences for beer
- Dishonesty in Everyday Life and Its Policy Implications
- Placebo Effects of Marketing Actions: Consumers May Get What They Pay For
- Tom Sawyer and the Construction of Value
- Effort for Payment: A Tale of Two markets
- Procrastination, Deadlines, and Performance: Self-Control by Precommitment
- Seeing sets: Representation by Statistical Properties
- Controlling the Information Flow: Effects on Consumers' Decision Making and Preferences
- Coherent Arbitariness: Stable demand curves without stable preferences
- Combining experiences over time: the effects of duration, intensity changes and on-line measurements on retrospective pain evaluations
[edit] References
- ^ From Crisis to Couch, Haaretz
- ^ From Crisis to Couch, Haaretz
- ^ Author Dan Ariely puts rationality to the test - The Boston Globe
- ^ From Crisis to Couch, Haaretz
- ^ From Crisis to Couch, Haaretz
- ^ "Predictably Irrational Is an Irresistible Look at Our Not-So-Rational Foibles" Derek Tokaz, The Commentator, Feb. 28, 2008, http://www.law.nyu.edu/studentorgs/commentator/past_issues/commentator_20080228.pdf
[edit] External links
- Predictably Irrational: The Hidden Forces That Shape Our Decisions - Official Website
- Ariely's MIT Home Page
- Keynote speech given at Neural Information Processing Systems 2006
- Article about Ariely in CIO Magazine
- ABC Radio National interview transcript, 30 March 2008
- Keynote speech given at MarketingProfs Conference, May 2008
- Lecture (audio and slides) - Common Mistakes in Daily Decisions - delivered at the LSE
- Dan Ariely’s home page at Learn From My Life. Links to his books, articles, videos, podcasts, media news references
- Interview with Dan Ariely, May 18, 2008
- Dan Ariely's Profile on TED.com - Includes 2 Lectures
