
You're About to Make a Terrible Mistake!
How Biases Distort Decision-Making-and What You Can Do to Fight Them
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Narrated by:
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Donald Corren
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By:
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Olivier Sibony
About this listen
A "brilliant, fun, and wise" (Cass R. Sunstein) tour of nine common business decision-making traps - and practical tools for avoiding them - from a professor of strategic thinking.
We all make decisions all the time. It's so natural that we hardly stop to think about it. Yet even the smartest and most experienced among us make frequent and predictable errors. So, what makes a good decision? Should we trust our intuitions, and if so, when? How can we avoid being tripped up by cognitive biases when we are not even aware of them?
In You're About to Make a Terrible Mistake!, behavioral economist and management consultant Olivier Sibony explains how cognitive biases lead us to our nine most common decision-making mistakes and proposes concrete, actionable solutions you can use to become a skillful decision architect. Drawing on dozens of engaging case studies, Sibony illustrates how even renowned business leaders frequently make errors - and how similar errors can be avoided by mobilizing the collective intelligence of organizations.
Distinctive in the clarity and practicality of its message, You're About to Make a Terrible Mistake! distills the latest developments in behavioral economics and cognitive psychology into actionable tools for making smart, effective decisions in business and beyond.
©2020 Olivier Sibony (P)2020 Recorded BooksListeners also enjoyed...
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- Decision-Making Beyond the Numbers
- By: John Kay, Mervyn King
- Narrated by: Roger Davis
- Length: 15 hrs and 50 mins
- Unabridged
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Radical uncertainty changes the way we should think about decision-making. For over half a century economics has assumed that people behave rationally by optimizing among well-defined choices. Behavioral economics questioned how far people are rational, pointing to the cognitive biases that seem to describe actual behavior.
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At 1:23:50: "we must expect ... a virus"
- By Philo on 03-18-20
By: John Kay, and others
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The Folly of Fools
- The Logic of Deceit and Self-Deception in Human Life
- By: Robert Trivers
- Narrated by: Chris Reilly
- Length: 17 hrs and 15 mins
- Unabridged
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Whether it's in a cockpit at takeoff or the planning of an offensive war, a romantic relationship or a dispute at the office, there are many opportunities to lie and self-deceive - but deceit and self-deception carry the costs of being alienated from reality and can lead to disaster. So why does deception play such a prominent role in our everyday lives? In short, why do we deceive?
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Okay...
- By Pimmermen on 07-04-23
By: Robert Trivers
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The Wealth and Poverty of Nations
- Why Some Are So Rich and Some So Poor
- By: David S. Landes
- Narrated by: Walter Dixon
- Length: 21 hrs and 47 mins
- Unabridged
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The Wealth and Poverty of Nations is David S. Landes' acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance.
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A detailed explanation
- By Kaarlis on 12-07-21
By: David S. Landes
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Bulletproof Problem Solving
- The One Skill That Changes Everything
- By: Charles Conn, Robert McLean
- Narrated by: Jonathan Cowley
- Length: 7 hrs and 34 mins
- Unabridged
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Complex problem solving is at the very top of the list of essential skills for career progression in the modern world. But how problem solving is taught in our schools, universities, businesses, and organizations comes up short. In Bulletproof Problem Solving: The One Skill That Changes Everything, you'll learn the seven-step systematic approach to creative problem solving developed in top consulting firms that will work in any field or industry, turning you into a highly sought-after, bulletproof problem solver who can tackle challenges at which others balk.
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Graphics Appendix Please
- By Luke Riley on 08-22-19
By: Charles Conn, and others
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Power and Prediction
- The Disruptive Economics of Artificial Intelligence
- By: Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Narrated by: Tom Beyer
- Length: 10 hrs and 7 mins
- Unabridged
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In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go deeper, examining the most basic unit of analysis: the decision. The authors explain that the two key decision-making ingredients are prediction and judgment, and we perform both together in our minds, often without realizing it.
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Inspire system thinking with informative examples
- By Lucy A. Pithecus on 11-16-22
By: Ajay Agrawal, and others
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This Time Is Different
- Eight Centuries of Financial Folly
- By: Carmen Reinhart, Kenneth Rogoff
- Narrated by: Sean Pratt
- Length: 8 hrs and 54 mins
- Unabridged
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Throughout history, rich and poor countries alike have been lending, borrowing, crashing - and recovering -their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different" - claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. This book proves that premise wrong.
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necessary piece to understand the current crisis
- By D. Littman on 12-04-09
By: Carmen Reinhart, and others
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The Basic Laws of Human Stupidity
- By: Carlo M. Cipolla, Nassim Nicholas Taleb - foreword
- Narrated by: Paul Boehmer
- Length: 54 mins
- Unabridged
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Throughout history, a powerful force has hindered the growth of human welfare and happiness. It is more powerful than the Mafia or the military. It has global catastrophic effects and can be found anywhere from the world's most powerful boardrooms to your local bar. It is human stupidity. Carlo M. Cipolla, noted professor of economic history at the UC Berkeley, created this vitally important book in order to detect and neutralize its threat.
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What do you have to loose?
- By Andres on 04-06-21
By: Carlo M. Cipolla, and others
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The WEIRDest People in the World
- How the West Became Psychologically Peculiar and Particularly Prosperous
- By: Joseph Henrich
- Narrated by: Korey Jackson
- Length: 19 hrs and 3 mins
- Unabridged
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In The WEIRDest People in the World, Joseph Henrich draws on cutting-edge research in anthropology, psychology, economics, and evolutionary biology to explore these questions and more. He illuminates the origins and evolution of family structures, marriage, and religion, and the profound impact these cultural transformations had on human psychology. Mapping these shifts through ancient history and late antiquity, Henrich reveals that the most fundamental institutions of kinship and marriage changed dramatically under pressure from the Roman Catholic Church.
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Lots of mispronounced words
- By Phil F on 10-24-20
By: Joseph Henrich
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Misbehaving
- The Making of Behavioral Economics
- By: Richard H. Thaler
- Narrated by: L. J. Ganser
- Length: 13 hrs and 35 mins
- Unabridged
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Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans - predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth - and change the way we think about economics, ourselves, and our world.
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Great book if it's your first about Behav. Econ
- By Jay Friedman on 09-30-15
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You Become What You Think About
- How Your Mind Creates the World You Live in
- By: Vic Johnson
- Narrated by: Erik Synnestvedt
- Length: 2 hrs and 24 mins
- Unabridged
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Without the cooperation of your subconscious - the deep recesses of your inner self - change can be difficult to impossible. You might consciously have tried to lose weight. But if your subconscious mind was fixated on fattening food and how difficult exercise was, the experience was probably a challenge or a dismal failure. Therefore, changing one or more aspects of your life can’t occur until you affect change on your subconscious.
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Not recommended
- By Computer Nut on 07-30-14
By: Vic Johnson
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Predictably Irrational
- The Hidden Forces That Shape Our Decisions
- By: Dan Ariely
- Narrated by: Simon Jones
- Length: 7 hrs and 22 mins
- Unabridged
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In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities.
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Good lessons, mediocre science?
- By William Stanger on 02-24-09
By: Dan Ariely
What listeners say about You're About to Make a Terrible Mistake!
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- steve
- 01-13-22
Very good book
Narration is well done
When you first hear the lists the author has of all the biases and remedies, don’t be nervous. He does a good job and isn’t boring
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- D. J. Schultz
- 09-09-24
Just made my top ten biz books list
A great mix of theory backed by research, illustrated by interesting anecdotes, presented in an entertaining way, all tied together with very usable tips and frameworks that one can immediately put into place,
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- Dr. D
- 02-13-25
Phenomenal Read!!
The information was powerful on its own AND excellently supported with anecdotal and factual evidence!!
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