Behavioral economist Dan Ariely’s advice on picking holiday gifts:
n Ariely, author of the excellent Predictably Irrational: The Hidden Forces That Shape Our Decisions, applies his research in behavioral economics to holiday gift giving and says this: In summary, I think that the best gifts circumvent guilt in two key ways: by eliminating the guilt that accompanies extravagant purchases, and by reducing the guilt that comes from coupling payment with consumption. The best advice on gift-giving, therefore, is to get something that someone really wants but would feel guilty…
1 min read
Who makes more money: nice people or mean people?
a the WSJ: A new study finds that agreeable workers earn significantly lower incomes than less agreeable ones. The gap is especially wide for men. The researchers examined "agreeableness" using self-reported survey data and found that men who measured below average on agreeableness earned about 18% more—or $9,772 more annually in their sample—than nicer guys. Ruder women, meanwhile, earned about 5% or $1,828 more than their agreeable counterparts. "Nice guys are getting the shaft," says study co-author Beth A. Livingston,…
1 min read
Can a boring job give you a heart attack?
notony on the job is associated with greater risk of myocardial infarction: The project was designed to test the assumption that certain psychosocial characteristics of occupational groups are associated with elevated myocardial infarction risk. All cases of myocardial infarction below the age of 65 in men living in the region of greater Stockholm during the years 1974-1976 were identified (deaths as well as survivals) in the official registries of hospitalizations and deaths. For each case two controls without infarction (in…
1 min read
What are the happiest jobs? What are the unhappiest?
a Forbes: 1. Clergy: The least worldly are reported to be the happiest of all 2. Firefighters: Eighty percent of firefighters are “very satisfied” with their jobs, which involve helping people. 3. Physical therapists: Social interaction and helping people apparently make this job one of the happiest. 4. Authors: For most authors, the pay is ridiculously low or non-existent, but the autonomy of writing down the contents of your own mind apparently leads to happiness. 5. Special education teachers: If…
2 minutes
Why do we always root for the underdog?
niel Engber has a long and fascinating piece in Slate about the psychology of underdogs. It references a few studies to answer the question, "Do we really love underdogs?" Definitely: In 1991, a pair of researchers at Bowling Green State University, Jimmy Frazier and Eldon Snyder, published a paper on what they called "the underdog concept in sport." Frazier and Snyder posed a simple hypothetical scenario to more than 100 college students: Two teams, A and B, were meeting in…
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Why are lawyers so unhappy? (And how can we use this to be happier?)
rtin Seligman, psychology professor at UPenn and author of Authentic Happiness, clues us in as to just how unhappy lawyers are: Researchers at John Hopkins University found statistically significant elevations of major depressive disorder in only 3 of 104 occupations surveyed. When adjusted for sociodemographics, lawyers topped the list, suffering from depression at a rate of 3.6 times higher than employed persons generally. Lawyers also suffer from alcoholism and illegal drug use at rates far higher than non-lawyers. The divorce…
2 minutes
Can seeing the Apple logo make you more creative?
a Duke University: Whether you are a Mac person or a PC person, even the briefest exposure to the Apple logo may make you behave more creatively, according to recent research from Duke University's Fuqua School of Business and the University of Waterloo, Canada. In work to be published in the April issue of the Journal of Consumer Research, Professors Gavan Fitzsimons and Tanya Chartrand of Duke, and Gráinne Fitzsimons of Waterloo, found that even the briefest exposure to well-known…
2 minutes
Can you tell Nobel Peace Prize winners from America’s Most Wanted just by their faces?
ople's guesses were generally better than random chance. Nobel Prize winners could often be detected after seeing a picture for 100 milliseconds. Distinguishing who was one of America's Most Wanted took a little longer: Although trustworthiness judgments based on a stranger's face occur rapidly (Willis & Todorov, 2006), their accuracy is unknown. We examined the accuracy of trustworthiness judgments of the faces of 2 groups differing in trustworthiness (Nobel Peace Prize recipients/humanitarians vs. America's Most Wanted criminals). Participants viewed 34…
1 min read
