Choiceology's Guide to Better Decisions: With Guests James Korris, Carey Morewedge & Jack Soll

Choiceology with Katy Milkman

Charles Schwab

Behavioral Economics, Society & Culture, Social Sciences, Decision Making, Charles Schwab, Business, Science, Investing, Dan Heath, Katy Milkman

4.8 • 1.4K Ratings

🗓️ 20 May 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

What are some strategies that can help you mitigate cognitive biases and make better decisions?

Transcript

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0:00.0	At the tone,
0:05.0	tone, please record your message.
0:09.0	Hi, this is Chris Hughes.
0:12.0	Look, I can't reach my sister and since you're next door, could you please check on Terry? I'm really worried. I called the super, he's got her apartment open. Just please look around. I've called Terry, but she's not picking up. I don't know where she is.
0:28.0	Anything you could find would be a big help. Look, I owe you. Okay, I... That's an opening scene from a video game called
0:37.7	missing, the pursuit of Terry Hughes. The game was designed to help train U.S. intelligence agents to avoid decision pitfalls by working through a fictitious missing person's case.
0:49.0	Today on the show, we're bringing you something a little different.
0:53.4	We're calling it Choiceology's Guide to Better Decisions.
0:56.6	We've gathered some advice from expert guests who study the science of
0:59.8	de-biasing decisions, and we hope their insights will help you make ever more
1:04.0	thoughtful choices. You'll also hear from two guests whose work on the video game
1:09.1	missing has had a lasting measurable impact on its players. Improving the decision-making skills of people
1:16.0	who work in one of the highest stakes sectors in the United States, Intelligence Analysis. intelligence analysis. I'm Dr. Katie Milkman and this is Choiceology, an original podcast from Charles Schwab.
1:32.0	It's a show about the psychology and
1:35.0	economics behind our decisions. We bring you true and surprising stories about
1:39.2	high stakes choices and then we examine how these stories connect to the latest research in behavioral science.
1:45.5	We do it all to help you make better judgments and avoid costly mistakes. This is James Chorus. I'm the president and CEO of Creative Technologies Incorporated in Los Angeles, a woman-owned small business.
2:09.0	Back in 2015,
2:13.4	2015, James was contracted to design a game for the government agency IARPA.
2:17.8	That stands for the Intelligence Advanced Research Projects Activity.
2:22.4	Missing Part 1, the pursuit of Terry Hughes, it's a character-centric narrative that follows the first-person player through a series of discoveries and basically you are in the
2:37.0	role of a person living in New York and a cool part of Manhattan, but you have a very boring job. Your neighbor is a
	...

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