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Predictably Irrational23:52

This article is more than 12 years old.
Humans are supposed to be the thinking species. The planet's creature of logic. Yet all of literature and abundant human experience tell us otherwise.

Now, a new work of behavioral economics looks at how dependably goofy we humans can be. How "predictably irrational," whether we're standing at the all-you-can-eat buffet, or fingering our credit card or getting naked at Mardi Gras.

"We are pawns in a game whose forces we fail to comprehend" says MIT's Daniel Ariely.

This hour, On Point: context, expectation, emotion — and the predictably irrational way of the human species.Guest:

Dan Ariely, behavioral economist at MIT and author of "Predictably Irrational: The Hidden Forces That Shape Our Decisions."

This program aired on March 24, 2008.

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