What is Big Think?  

We are Big Idea Hunters…

We live in a time of information abundance, which far too many of us see as information overload. With the sum total of human knowledge, past and present, at our fingertips, we’re faced with a crisis of attention: which ideas should we engage with, and why? Big Think is an evolving roadmap to the best thinking on the planet — the ideas that can help you think flexibly and act decisively in a multivariate world.

A word about Big Ideas and Themes — The architecture of Big Think

Big ideas are lenses for envisioning the future. Every article and video on bigthink.com and on our learning platforms is based on an emerging “big idea” that is significant, widely relevant, and actionable. We’re sifting the noise for the questions and insights that have the power to change all of our lives, for decades to come. For example, reverse-engineering is a big idea in that the concept is increasingly useful across multiple disciplines, from education to nanotechnology.

Themes are the seven broad umbrellas under which we organize the hundreds of big ideas that populate Big Think. They include New World Order, Earth and Beyond, 21st Century Living, Going Mental, Extreme Biology, Power and Influence, and Inventing the Future.

Big Think Features:

12,000+ Expert Videos

1

Browse videos featuring experts across a wide range of disciplines, from personal health to business leadership to neuroscience.

Watch videos

World Renowned Bloggers

2

Big Think’s contributors offer expert analysis of the big ideas behind the news.

Go to blogs

Big Think Edge

3

Big Think’s Edge learning platform for career mentorship and professional development provides engaging and actionable courses delivered by the people who are shaping our future.

Find out more
Close
With rendition switcher

Transcript

Question - Why is it dangerous to make decisions in the heat of the moment?

Dan Ariely:     I don’t know if sexual arousal is the worst time because there’s a lot of things we’re not going to focus on at that moment. But clearly at the heat of the moment is an awful time. And you know the trust game; we have another version of it called the trust game with revenge. So imagine that you’re player A, you send the money to player B and player B took the money and went home. And I would say ‘Look, player A I’m sorry you lost all your money but here, I’ll tell you what; I know how to find player B. If you’ll give me money, for every dollar you give me I’ll find player B and take two dollars away from him. You give me one dollar, I’ll take two from him, you give me three I’ll take six, ten and twenty and so on.’ You can lose more money to get the other guy suffer more. Would you do it, right?

Anybody who ever had a breakup or divorce or so would tell you that the feeling of revenge is incredibly powerful, right. That at the moment that we feel this we’re willing to lose a lot for ourselves to make the other party suffer even more. And it’s an incredibly devastating  instinct. But this is what we have. So every time that emotions rule they can get the best out of us and get us to make lots of bad decisions; selling everything in the stock market, shooting emails, annoyed emails to your boss, fighting with spouses, lots of terrible things.

Recorded on: July 29, 2009

 

Never Trust Your Judgment D...

Newsletter: Share: