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Tyrrell_McAllister comments on Book Review: Predictably Irrational by Dan Ariely - Less Wrong Discussion

32 Post author: erratio 08 May 2011 08:13AM

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Comment author: Tyrrell_McAllister 08 May 2011 06:30:13PM 7 points [-]

Thanks for these summaries.

When Ariely left Cokes in dorm fridges, they disappeared within 72 hours. When he did the same thing with $1 bills, no one touched them, because people take money more seriously.

Out of curiosity, did he literally leave $1 bills in fridges? That's odd enough (who puts money in a fridge?) that people might be suspicious that they are being watched. It's like those twenty-dollar bills attached to threads that practical jokers use to taunt pedestrians.

Comment author: erratio 08 May 2011 07:28:39PM 1 point [-]

did he literally leave $1 bills in fridges?

I think so. But as a general rule, for every study he describes in great detail, there are several variations that he also tested to control for various conditions. So I'm guessing that the overall conclusion is robust even though it is pretty darn weird to place six $1 bills on a plate in the fridge.

Comment author: Vladimir_M 09 May 2011 04:30:02AM 9 points [-]

I don't see what is supposed to be strange or novel about this result. The usual norm, at least in Western and not too distant societies, is that among people who are stuck together for whatever reason, food, drink, and smokes should be shared to some degree. (More specifically, you're supposed to offer to share if you're consuming in front of others or if someone asks politely, as long as it doesn't become exploitative, and even taking a reasonably small amount without asking is at worst a peccadillo and often tacitly agreed upon as OK.) Money, on the other hand, is sacrosanct and stealing it marks one as a thief altogether unfit for company of honest people. I don't see anything particularly irrational about these norms, and while it's hard to pinpoint their origin and rationale precisely and completely, there is no shortage of plausible hypotheses.

Interestingly, I apply similar principles even to panhandlers. I never give them money, but if I'm carrying bags full of booze, I'll give them a beer if they ask.