37 min listen
Swimming with Sharks
ratings:
Length:
29 minutes
Released:
Apr 9, 2018
Format:
Podcast episode
Description
Sometimes it seems as if danger lurks around every corner. News reports of events like plane crashes and shark attacks make grave risk to life and limb feel real and imminent. And while there’s no doubt that risk is a part of life, are these the types of events we should really be concerned about?
On this episode of Choiceology with Dan Heath, we examine a bias that affects the way you perceive both risk and reward.
We trace how this bias may have helped your ancestors avoid lions lurking in the tall grass—but may also negatively affect your decisions around things like vacations and lotteries.
The episode begins with Ranie Pearce and her harrowing tale of adventure in the middle of the Pacific Ocean. Ranie Pearce is and accomplished open water swimmer and a member of the South End Rowing Club
You’ll hear an experiment involving sharks—and something even more dangerous—at the Vancouver Aquarium in British Columbia.
And Dan Gardner explains the psychological roots of our common misperceptions about risk and reward. He is the author of Risk: The Science and Politics of Fear
You can find out how to reduce the influence of this bias in your financial decisions in an article called Easy Access: How the Availability Heuristic Hurts Our Judgments.
Choiceology is an original podcast from Charles Schwab. For more on the series go to schwab.com/podcast
If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.
(0418-8JKZ)
On this episode of Choiceology with Dan Heath, we examine a bias that affects the way you perceive both risk and reward.
We trace how this bias may have helped your ancestors avoid lions lurking in the tall grass—but may also negatively affect your decisions around things like vacations and lotteries.
The episode begins with Ranie Pearce and her harrowing tale of adventure in the middle of the Pacific Ocean. Ranie Pearce is and accomplished open water swimmer and a member of the South End Rowing Club
You’ll hear an experiment involving sharks—and something even more dangerous—at the Vancouver Aquarium in British Columbia.
And Dan Gardner explains the psychological roots of our common misperceptions about risk and reward. He is the author of Risk: The Science and Politics of Fear
You can find out how to reduce the influence of this bias in your financial decisions in an article called Easy Access: How the Availability Heuristic Hurts Our Judgments.
Choiceology is an original podcast from Charles Schwab. For more on the series go to schwab.com/podcast
If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.
(0418-8JKZ)
Released:
Apr 9, 2018
Format:
Podcast episode
Titles in the series (85)
Love the Mug You’re With: With Guests Joel Platt, Sally Sadoff & Richard Thaler: “For most things are differently valued by those who have them and by those who wish to get them; what belongs to us, and what we give away, always seems very precious to us.” –Aristotle In this episode of Choiceology with Katy Milkman, we look at the peculiar ways people tend to value the things they own. The episode begins with a tour of the Sports Immortals Museum. Owner and proprietor Joel Platt claims it’s the largest and most diverse assortment of sports mementos in the world. You’ll hear Joel tell some amazing stories behind a few of his most prized pieces—stories about Babe Ruth, Muhammad Ali, Honus Wagner, Jim Thorpe and Jack Dempsey. Joel spent decades collecting memorabilia, much of which he believes is priceless. But it turns out there’s a disconnect between Joel’s valuation and those of independent appraisers and potential buyers. Katy explores this disconnect with Nobel Prize–winning econ by Choiceology with Katy Milkman