Linking financial element to energy consumption I think has a huge role if you think about a display … - Dan Ariely

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When you come from where I come from, if anyone in the family makes it out, the others kind of come with you.

Dan Ariely

Linking financial element to energy consumption I think has a huge role if you think about a display instrument that could teach us about what we are using, how much it costs us, how much it is saving, and therefore change our decisions.

Decision, Element, Energy, Financial, Thinking, Using

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Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.

Knows, Like, Sex, Teenage, Witty

We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic and predictable. We all make the same types of mistakes over and over, because of the basic wiring of our brains.

Basic, Brain, Decision, Mistake, Rational, Types

One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we're in.

Decision, Environment, Function, Lessons, Make

We all want explanations for why we behave as we do and for the ways the world around us functions. Even when our feeble explanations have little to do with reality. We’re storytelling creatures by nature, and we tell ourselves story after story until we come up with an explanation that we like and that sounds reasonable enough to believe. And when the story portrays us in a more glowing and positive light, so much the better.

Believe, Enough, Light, Reality, Ways

The major thing that holds you back when you're trying to change a bad habit like eating, smoking, or drinking too much is your belief you are out of control.

Bad, Drinking, Habit, Smoking, Trying

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Wildlife of the world is disappearing, not because of a malicious and deliberate policy of slaughter and extermination, but simply because of a general and widespread ignorance and neglect.

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In the US a child born into a poor family will become a poor adult. The american dream is just that - it is not true, because of the level of extreme inequality.

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When you come from where I come from, if anyone in the family makes it out, the others kind of come with you.

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The more I observed Washington, the more frequently I visited it, and the more people I interviewed there, the more I understood how prophetic L'Enfant was when he laid it out as a city that goes around in circles.

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