Listening to:

Greatest Hits – Lenny Kravitz
05 – It Ain’t Over Till It’s Over

This entry is dedicated to my Behavioral Economics professor, who has a hilarious tendency to take off and put on his sweater approximately 50 times per lecture. He also (perhaps unintentionally?) makes highly amusing comments, which I shall document here. And yes, I’m counting this as studying for my midterm.

Regarding hidden costs of banking products:

Citibank wants to hug you and love you dearly because you are going to be a highly profitable customer.

After spending 15-20 minutes explaining what a pocket protector is:

It’s a no-no for lawyers. It is one of the geekiest things you could do. But maybe it’s a sign of distinction for engineers.

About gambling while drunk on champagne:

You shut down System 2 (reason) and have a better sense of bounded rationality.

After erasing a message clearly marked “Do not erase”:

Oh oops! Sloan Unity… Well, I’m sure there’s an email on that.

About hidden information:

If the product has no nutritional labelling, you may think that eating it will make you enormous.

Reactions to life-altering events:

People tend to adapt. Especially for paraplegics, they seem to get this sense of inner peace, like some sort of Buddhist thing.

Human nature:

Some are by nature happy and cheerful, and others are by nature cold and analytical.

Jealousy:

So the message is, you want to have friends who have less than you. But don’t be patronizing, it’s hard for them too.

What makes people happy?

One of the happiest times in your life is when you’re meeting with friends. At least, that is when you’re 40 and can no longer experience extreme pleasures.