Can we learn to make smarter choices? Listen in as host Katy Milkman--behavioral scientist, Wharton professor, and author of How to Change--shares stories of high-stakes decisions and what research reveals they can teach us. Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics to help you improve your judgment and change for good. Season 1 of Choiceology was hosted by Dan Heath, bestselling author of Made to Stick and Switch. Podcasts are for inf ...
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Lovecraft meets Kafka in this serialized fantasy/horror podcast about Howie, a troubled young man who joins the milkmen on the island of St. Gaff’s, only to discover that the milkmen harbor a dark and dangerous secret. Be sure to start with episode one! Hosted on Acast. See acast.com/privacy for more information.
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The Milkman And Joe
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This podcast will contain stories, reflections, ideas and lessons learned from a multitude of experiences.
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Recipe for Success: With Guests Simon Rogan & Michele Gelfand
34:12
34:12
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34:12
Are rules made to be followed—or meant to be broken? Often, the answer will depend on culture and the context in which people make decisions. In this episode of Choiceology with Katy Milkman, we look at how carefully people in different contexts follow social norms, rules, and procedures. We'll also see how strict and relaxed cultures affect the qu…
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Take the Deal! With Guests Daniel Kahneman, Colin Camerer & Luis Green (Rebroadcast)
44:32
44:32
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44:32
In this episode of Choiceology with Katy Milkman, we look at how framing a decision based on what you stand to lose versus what you stand to gain affects your tolerance of risk. Luis Green was a contestant on the popular TV game show Deal or No Deal. The game is largely one of chance, but there are moments during play where the contestant has an op…
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Top of Mind: With Guests John Farrell & Manasvini Singh
32:05
32:05
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32:05
When someone asks, "What's your favorite restaurant?" odds are you're inclined to recommend a place you've eaten at recently—even if it's not really your favorite. It's just top of mind. Why do we weigh recent events so heavily? And how does this tendency impact important decisions, like whom to vote for or how to conduct medical procedures? In thi…
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Repeat After Me: With Guests Jennifer LeMesurier & Tali Sharot
34:15
34:15
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34:15
Vitamin C is a cure for the common cold. Bats are blind. Sugar makes children hyperactive. All of these statements are false. So why are they so pervasive? And why do they feel so true? In this episode of Choiceology with Katy Milkman, we look at a phenomenon that can cause us to believe inaccurate information more than we should, and also lead us …
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(BONUS) From What It's Like to Be … a Forensic Accountant
29:03
29:03
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29:03
Curious what it would be like to walk in someone else's (work) shoes? Join New York Times bestselling author Dan Heath as he explores the world of work, one profession at a time, and interviews people who love what they do. What does a couples therapist think when a friend asks for relationship advice? What happens if a welder fails to wear safety …
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A Sticky Situation: With Guests Richard Thaler, Wendy Wood & Susan Budowski
37:36
37:36
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37:36
Filling out an overly complicated form or waiting on hold for hours to speak with a customer service rep is a frustrating experience. And sometimes it seems like the process itself is designed to be difficult. In this episode of Choiceology with Katy Milkman, we look at how friction––time, distance, complexity, or anything that gets in the way of y…
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Jumping to Conclusions: With Guests David Silbey & Ned Augenblick
37:15
37:15
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37:15
A train was speeding along the tracks in 19th-century England when a passenger suddenly started smashing windows and waving a pistol in the air. People believed his actions were caused by what was, at the time, a new and unfamiliar form of transportation. Doctors posited the rattling motion and noise of trains could cause passengers to act erratica…
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No Mean Feat: With Guests Albert Chen & Elizabeth Tipton
33:46
33:46
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33:46
It’s halftime at a basketball game. A kid nervously steps onto center court. If he can score a basket from center court, he’ll take home the prize money. He tells the announcer that he plays on his elementary school team and that he has been practicing for this moment. The crowd holds their breath as the ball sails through the air, hits the backboa…
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A Cup of Knowledge: With Guests A.J. Jacobs & Steven Sloman
30:23
30:23
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30:23
Why do ocean waves move the way they do? How does a toaster work? How might ink flow through a ballpoint pen without the help of gravity? You may know the answer to these questions, but explaining them in detail could reveal an unexpected truth. In this episode of Choiceology with Katy Milkman, we look at why people think they understand things bet…
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The Golden Misfits: With Guests Gary Lawless & Erika Kirgios
33:49
33:49
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33:49
What is the difference between buying groceries for the whole week versus grabbing something to eat on the way home each day? Grouping choices together so that you make a bunch of selections all at once can seem daunting, but it can actually help you reach your goals faster. In this episode of Choiceology with Katy Milkman, we look at how taking a …
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An Accidental Experiment: With Guests Steven Levitt, Solomon Ezra & Stephen Spector
32:57
32:57
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32:57
Scientifically sound, randomized experiments can be expensive and difficult to run. But there’s an alternative: It turns out that certain real-life situations can also generate useful scientific data. The trick is finding them. In this episode of Choiceology with Katy Milkman, we look at how events outside of our control can create opportunities fo…
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The Superforecasters: With Guests Leon Panetta, Peter Bergen & Barbara Mellers
37:48
37:48
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37:48
There are moments in life where it seems as though everything is riding on one important decision. If only we had a crystal ball to see the future, we could make those decisions with greater confidence. Fortune-telling aside, there are actually methods to improve our predictions—and our decisions. In this episode of Choiceology with Katy Milkman, w…
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Survey Says: With Guests W. Joseph Campbell & Emily Oster
29:15
29:15
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29:15
If you ran a survey at a science fiction convention to find out which movies were most popular with the general public, chances are good that the results would lean heavily towards sci-fi films. This skewing of data is plain to see in this context, but in many others it’s less obvious and potentially more pernicious. In this episode of Choiceology …
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(BONUS) From Ripple Effect: Does Diversity Training Work? with Katy Milkman
31:09
31:09
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31:09
On this special bonus episode of Choiceology with Katy Milkman, we highlight Ripple Effect, a new podcast from the Wharton School of the University of Pennsylvania. Hosted by Dan Loney, Ripple Effect showcases research by Wharton faculty and shares what their insights mean for you. As part of a series on women and work, this episode of Ripple Effec…
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Brave on the Waves: With Guests Bianca Valenti & Katherine Coffman
32:59
32:59
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32:59
We all make decisions involving risk. Decisions like trying out for your school’s chess team, speaking up when you don’t agree with your boss, or going down a double-black-diamond run at the end of a long day of skiing. So how do we determine which risks are worth taking and which ones are too … risky? In this episode of Choiceology with Katy Milkm…
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Fan Fictions: With Guests Hannah Sung, Crystal Tai & Anuj Shah
30:19
30:19
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30:19
Finding a new favorite celebrity feels a little bit like falling in love. Perhaps you find their smile endearing, or you relate to their sense of humor. Maybe you see things in your everyday routine that remind you of them. You feel like you know them so well. But whether it’s a star athlete or a Hollywood type, the reality is they likely have no i…
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The Beanie Bandwagon: With Guests Robert Cialdini & Yemisi Brookes
31:21
31:21
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31:21
Mullets. Skinny jeans. Crocs. Many of us can recall trends that we've jumped on, only to see those trends become passé soon after. But the fear of missing out can snowball into heavier consequences. In this episode of Choiceology with Katy Milkman, we look at how speculation and rapidly growing trends, however niche, can cloud people's judgment. A …
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The Power of Do-Overs: With Guests Jeff Ryan & Marissa Sharif
25:55
25:55
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25:55
When you fail to reach a challenging goal, say, saving a certain amount of money each month or getting to the gym a certain number of times a week, it can be tempting to just give up on the plan entirely. But new research shows that building some flexibility into that plan can actually improve your chances of success. In this episode of Choiceology…
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Hosted on Acast. See acast.com/privacy for more information.
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Howie faces his problems. Hosted on Acast. See acast.com/privacy for more information.
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An inspector shows up at the milk station! Hosted on Acast. See acast.com/privacy for more information.
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Mesmerized: With Guests Mara Rockliff & John List
35:03
35:03
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35:03
It seems like every other week there's a news report about how coffee will help you live longer or will shorten your life. There are similar reports about vitamins and water consumption and any number of other health-related studies. So why do we see so much conflicting information around scientific research in the media? In this episode of Choiceo…
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Hosted on Acast. See acast.com/privacy for more information.
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The Bad with the Good: With Guests Uzma Khan & Gustav Källstrand
30:34
30:34
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30:34
You've probably caught yourself indulging after a workout or a game or a stretch of healthy eating. Maybe it was a pint or two after a soccer game or an extra piece of cheesecake after a vigorous hike. These indulgences are easier to justify after a healthy activity. Ironically, though, these indulgences can undo some of your hard work. So why do w…
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Rebroadcast: Silver Linings: With Guests Annie Duke, Kassia St. Clair & Adam Grant
39:16
39:16
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39:16
If you’ve ever lost a job, or been through a breakup, or failed an exam, you’ll know that the aftermath can be painful and disorienting. But for some percentage of those who experience these disappointing outcomes, unforeseen opportunities will arise. In this episode of Choiceology with Katy Milkman, we look at the occasional upside of being forced…
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Howie bumps into a mysterious stranger and visits a statue on a hill! Hosted on Acast. See acast.com/privacy for more information.
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So Much in Common: With Guests Samantha Futerman, Anaïs Bordier & Kareem Haggag
33:53
33:53
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33:53
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 expe…
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How You Spend It: With Guests Joshua Fields Millburn & Cassie Mogilner Holmes
31:49
31:49
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31:49
“Life, liberty, and the pursuit of happiness.” A quintessentially American phrase from the Declaration of Independence. That “pursuit of happiness” takes many forms, but it turns out that some approaches are more likely to be successful, according to science. In this episode of Choiceology with Katy Milkman, we look at a way to frame how you spend …
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Howie goes out for dinner and learns about whales! Hosted on Acast. See acast.com/privacy for more information.
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Not by a Long Shot: With Guests Katia Jordan & Craig Fox
33:52
33:52
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33:52
Humans can easily distinguish between a zero-chance event (e.g., the Washington Nationals winning the World Series in 2022) and a sure thing (e.g., the sun coming up tomorrow). But in between those two clear outcomes, it turns out that we’re not great at estimating odds. In this episode of Choiceology with Katy Milkman, a bias that affects the way …
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Fail Better: With Guests Joseph Herscher & Lauren Eskreis-Winkler
32:57
32:57
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32:57
You hear it a lot in contemporary education, the tech world, and the arts: that it's important to fail, to make mistakes so that you can learn from them and get better at whatever you do. But that generally accepted wisdom is incomplete. In this episode of Choiceology with Katy Milkman, we look at how failure can cloud your ability to learn and to …
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Howie asks Stormy for help! Hosted on Acast. See acast.com/privacy for more information.
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Howie has to work a night shift! Hosted on Acast. See acast.com/privacy for more information.
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Howie goes to a fancy party and loses his keys. Hosted on Acast. See acast.com/privacy for more information.
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