Posts in Behavioral Economics

Most people sat through a painful routine performance appraisal, likely an annual one. How many of these are effectively designed to be productive? How many people actually remember what they were supposed to work on from that last review in the fall right before the chaos of the holidays? If done correctly, an appraisal can identify help performance improve as well as highlight employee achievement and growth. Few are done correctly. Avoiding falling into familiar traps of ineffective feedback may be fundamental to success. Today’s episode will identify several strategies that can strengthen employee review systems to help both the employee and the company find the best outcomes possible.

Listen in, and remember that you can reach us directly at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Get Rich(ish)

The past few decades in America have been some of the most financially challenging for a number of reasons. Professionals and academics have debated the exact reasons, looking at spending habits, recessions, the pandemic, and other factors that contribute to such phenomena. Still, saving money yields great potential for later-life comfort and prosperity. Everyone deserves a healthy and bountiful retirement, or at least a chance at achieving their financial goals. Through a series of small steps, one can make big waves on later goals one step at a time. It might not be easy up front, but it will nearly always yield a great return later on.

Listen in, and remember that you can reach us directly at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Liesure, Behavioral Economics, How ToWWDWWDJanuary 13, 2023Abraham, Shane, Shane Spiker, Shanebraham, money, money management, finances, CPA, delayed reinforcement, investment, new blood, personal wealth, philosophers fight, savingsComment

221 | Impulsivity and the Marshmallow

What to Expect:

This episode will highlight early studies of Walter Mischel that examined “delay to gratification” effects under various circumstances, and several follow-up studies looking at longitudinal impact of the initial results. While early results suggested correlations in predictive value toward future academic and behavioral success, these may have been overgeneralized from a narrow sample population, and ignorant of more potent variables in a child’s environment.

Listen in, and remember that you can reach us directly at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Social Science, Children, Education, Human Bias, Psychological History, Behavioral EconomicsWWDWWDAugust 4, 2021Abraham, Shane, Shane Spiker, Shanebraham, Impulsivity, Marshmallow Test, Marshmallows, Pretzels, Self-control, DistractionComment

190 | Why We Believe in Money

Money is at the crux of most wonders and evils in the world. While we like to think our values are centered around culture, religion, family, etc, money has a clever way of interjecting on our priorities.

Listen in, and remember that you can reach us directly at 775.525.0908, at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Behavioral Economics, PhilosophyScott Abraham MillerDecember 30, 2020Abraham, Shane, Shane Spiker, Shanebraham, Money, Currency, Faith, Belief, Monies, Bitcoin, Block chain, economy, economics, coins, dollars, token economy, reinforcement, backup reinforcers, labor, workComment

158 | Distracted Driving

What is distraction anyway? We have largely pinned this discussion around phones, but phones are relatively recent and people have been driving distractedly for a long time. We discuss under what conditions people drive distractedly and interventions to reduce distracted driving. If you’re reading this while driving, STOP! Eyes back on the road!

Listen in, and remember that you can reach us directly at 775.525.0908, at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Behavioral Economics, Research, Human BiasScott Abraham MillerMay 27, 2020Abraham, Shane, Kyle, Distracted Driving, Cell Phones, Distraction, Technology, Autonomous Cars, Self-Driving Cars, Insurance, Safe Driving, Delayed DiscountingComment

155 | Addicted to Social Media Part 2

In this thrilling conclusion to the first part of our discussion on social media addiction, we discuss various treatments for social media addiction, as well as some of the caveats to claims that people have made. We end on a hopeful note of how to think about this and what to do about it.

https://www.youtube.com/channel/UCfKFyBVsgu3pyXhYGFbP96g/

https://www.facebook.com/wwdwwdpodcast/

https://www.twitch.tv/whywedowhatwedopodcast/

Listen in, and remember that you can reach us directly at 775.525.0908, at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Disorders, Diagnosis, Behavioral EconomicsScott Abraham MillerMay 6, 2020Abraham, Shane, Shanebraham, Addiction, Social Media, Social Media Addiction, Facebook, Twitter, instagram, Addiction CriteriaComment

154 | Addicted to Social Media Part 1

This episode will focus on the sudden rise of social media as a commanding presence in the lives of billions of people around the world. It has benefited the world in numerous ways, but it may have also become the bane of our existence. How much time should one spend per day checking their notifications and reaching out to their contacts? Does it warrant use on the toilet, while driving, at 3am, or during intimate moments? If that sounds excessive, it’s because it is. Join us in the first part of our discussion about the traits that may influence social media addiction, how to tell if someone is addicted and harming their personal life, and what options they may have in trying to alleviate the symptoms.

ATTENTION! We are hosting our very first live stream event in celebration of our 3-year anniversary. The event will be on May 1st at 5:00 pm PST/8:00 pm EST. Join the whole time for this fun and interactive episode!

https://www.youtube.com/channel/UCfKFyBVsgu3pyXhYGFbP96g/

https://www.facebook.com/wwdwwdpodcast/

https://www.twitch.tv/whywedowhatwedopodcast/

Listen in, and remember that you can reach us directly at 775.525.0908, at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Disorders, Diagnosis, Behavioral EconomicsScott Abraham MillerApril 29, 2020Abraham, Shane, Shanebraham, Addiction, Social Media, Social Media Addiction, Facebook, Twitter, instagram, Addiction CriteriaComment

111 | Too Many Choices! Option Paralysis | Why We Do What We Do

Sometimes we find ourselves faced with so many options that we choose to do nothing at all. What is the deal with that? Shane and Abraham discuss the theories regarding why we freeze in the face of overwhelming options and some strategies to overcome feeling paralyzed by choosing.

Listen in, and remember that you can reach us directly at 775.525.0908, at info@wwdwwdpodcast.com, through the comments below OR on social via @wwdwwdpodcast or #wwdwwdpodcast.

Human Bias, Behavioral EconomicsScott Abraham MillerJuly 3, 2019Overchoice, Choice Overload, Paradox of Choice, Choice, Choices, Paralysis By Analysis, Too Many Choices, Can't Choose Comment

Episodes

Recent Episodes

More great stuff on social. Follow us.

Archives

Sharing is caring. Tell your friends.