Choiceology: Seasons 4 and 5
Can we learn to make smarter choices?
Listen in as host Katy Milkman shares stories of irrational decision making—from historical blunders to the kinds of everyday errors that could affect your future. Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics, exposing the psychological traps that lead to expensive mistakes.
CHOICEOLOGY: SEASON 5 EPISODE 6
Conventional wisdom is that you should just buckle down and do what’s in your long-term best interest, right? It’s a lot easier if you make it appealing in the short term, too.
CHOICEOLOGY: SEASON 5 EPISODE 5
Suppose you just won a hotly contested auction. How likely is it that you got a good deal?
CHOICEOLOGY: SEASON 5 EPISODE 4
Making a decision in isolation—versus in a comparison—relies on different processes and tends to produce different results.
CHOICEOLOGY: SEASON 5 EPISODE 3
Whatever the goal, we often increase our level of effort when the finish line seems near. How can we make the most of this tendency?
CHOICEOLOGY bonus: coping amid the crisis
What can behavioral science teach us about managing the emotional toll of the coronavirus pandemic?
CHOICEOLOGY: SEASON 5 EPISODE 2
Making the beneficial choice the easiest choice can streamline decision-making. But be aware of exactly who’s benefitting.
CHOICEOLOGY: SEASON 5 EPISODE 1
The chance variability of human judgment is a widespread, costly problem—and one that can be measured even when the supposed correct answer isn’t known.
CHOICEOLOGY: SEASON 4 EPISODE 7
Giving in to temptation is all too easy in the moment. But raising the stakes just might bolster your resistance.
CHOICEOLOGY: SEASON 4 EPISODE 6
Small repeated behaviors can have an outsize impact on your success, health, and happiness.
CHOICEOLOGY: SEASON 4 EPISODE 5
Concentrating only on successes—the things that survive some selection process—often leads to faulty conclusions.
CHOICEOLOGY: SEASON 4 EPISODE 4
Risky propositions tend to look different when you’re already behind.
choiceology: season 4 episode 3
When it comes to advice, it just might be better to give than to receive.
CHOICEOLOGY: SEASON 4 EPISODE 2
A lack of resources can constrain your ability to make the best choices in life. But surprisingly, there are advantages to scarcity in some contexts.
CHOICEOLOGY: SEASON 4 EPISODE 1
Some things are simply beyond our control. And while a little luck never hurts, it’s best to understand what your behaviors can truly affect.