So Much in Common: With Guests Samantha Futerman, Anaïs Bordier & Kareem Haggag

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

🗓️ 26 September 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

When we feel angry or excited, or happy or sad, the reasons for those emotions may seem obvious. Angry? It was that argument with a spouse. Excited? It was that promotion at work. Happy? Must've been that delicious meal. Sad? It was that tearjerker film, for sure. But it turns out that we often mistake the root causes of our feelings and other experiences. In this episode of Choiceology with Katy Milkman, we look at a family of biases that affects the way we understand behaviors, events, and emotions.

Transcript

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0:00.0	Hey remember those amazing granola bars that we had on that epic hike that we did last summer?
0:13.2	Yeah those are so good. Well I think you're going to be pleased I found some
0:18.3	same ones at the supermarket. Your catch? Oh my god okay let's eat some right now.
0:23.6	You know they're good but they're not as good as I remember. Yeah are you sure they're the same ones?
0:36.1	Yeah I'm sure same package. Has something like this ever happened to you?
0:41.6	Maybe you've spent the day wandering through a beautiful city and worked up a big appetite
0:46.2	and then you sat down for what seemed to be the best meal ever. Such a good meal that you went
0:52.1	back to the same restaurant eagerly a few days later but then you were underwhelmed for some
0:56.8	reason. Or maybe you've indulged in a glass of store-bought lemonade on a really hot day and it
1:03.0	was the nicest thing you could imagine but that same drink tasted less fantastic when you went
1:08.4	back to it on a cold afternoon. In this episode we'll look at the common mistakes we all make when
1:15.0	trying to explain certain choices, experiences and emotions and I'll speak with UCLA Professor
1:20.8	Kareem Hagag about how our preferences change more than we might expect depending on the physical
1:26.6	state we're in. I'm Dr. Katie Milkman and this is Choiceology, an original podcast from Charles
1:38.6	Schwab. It's a show about the psychology and economics behind our decisions. We bring you true stories
1:44.9	involving surprising moments and then we explore how they relate to the latest research in behavioral
1:49.9	science. We do it all to help you make better judgments and avoid costly mistakes.
2:08.5	Hi, my name is Samantha Federman. Hi, I'm Anais Bodhi. Samantha and Anais grew up in different
2:14.8	parts of the world. I grew up in Verona, New Jersey. It's an Essex County 30 to 40 minutes outside
2:21.1	New York City. It's pretty small, it's like two miles wide, lots of pizza and bagels and it was
2:26.8	it was pretty fun. I grew up in the suburbs of Paris in a town called Neesosent. The streets are
2:34.0	pretty wide, it has a lot of trees around and parks and everything is pretty close so I could walk
	...

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