Upside of irrationality - Dan Ariely

Summary:

 BY NOW I hope it's clear that if we place human beings on a spectrum between the hyperrational Mr. Spock and the falli ble Homer Simpson, we are closer to Homer than we realize. At the same time, I hope you also recognize the upside of irrationality that some of the ways in which we are irratio nal are also what makes us wonderfully human (our ability to find meaning in work, our ability to fall in love with our cre ations and ideas, our willingness to trust others, our ability to adapt to new circumstances, our ability to care about others, and so on). Looking at irrationality from this perspective sug gests that rather than strive for perfect rationality, we need to appreciate those imperfections that benefit us, recognize the ones we would like to overcome, and design the world around us in a way that takes advantage of our incredible abilities while overcoming some of our limitations. Just as we use seat belts to protect ourselves from accidents and wear coats to keep the chill off our backs, we need to know our limitations when it comes to our ability to think and reason-particularly when making important decisions as individuals, business ex ecutives, and public officials. One of the best ways to discover our mistakes and the different ways to overcome them by experiment.