วันพุธที่ 17 กรกฎาคม พ.ศ. 2556

Understanding Freakonomics Better - Random Decisions Are Not Random

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IP is over the quota

Freakonomics by Steven Levitt takes a look at interaction between different people and the way they take their decisions. He believes people never take random decisions, they follow certain rules (which may be self imposed, not necessarily external) and most of the time they try to get something or people related to them or for themselves. The rules by which the humans take their decisions may include moral, social or economic incentives or benefits.

Striking a Balance

There are three possible outcomes for any (dis)incentive schemes - if these are very weak or strong, the desired result will not occur. Even if they occur, they may come with some extra baggage of ill will among the subjects. The decisions will be happily adopted by the people if we can strike a balance between a strong incentive and a weak incentive.

Everyone Gets the Difficult Answer Right

Another interesting aspect of the incentives is cheating - which is defined as getting more benefit for less (than justified) effort invested in the work. Let's talk about the schools where the teachers are punished or rewarded according to the performance of their students. Teachers cheat through many means available to them to ensure they get the incentives. They correct the toughest answer for all the students which they are likely to have gotten wrong. The result is - a disproportionately high number of students get the toughest answer right and other easier answers wrong (mostly). They may also correct the answers written by the dumbest students, who are likely to be wrong most of the time in the teacher's perception.

We Need To Think Like Cheaters

Steven Levitt says if we have to catch the cheaters, we need to think the way they do. We need to find out what kind of cheating would bring most benefit for them, though they do tend to use easier techniques also even if they bring lesser returns. The high stakes testing was introduced in 1996, and the authorities detected suspicious changes in the marks obtained by some students over a year.

Was The Student Cheating?

So the question is, can we be sure the teachers were cheating by helping their students or not? It can be safely said the teachers only help their students if the results affect their own financial status, otherwise they don't. Steven Levitt says if the performance of the student falls after one year, they were probably cheating. Another possibility may be that the moment the student left his comfort zone, his performance slipped.

The author Prasoon Kumar works for http://www.uread.com/ which is the leading online bookstore that offers all the current and all time great titles at never before prices. Follow the unusual approach of analyzing life through Economics followed by Steven Levitt. Grab your copy of Freakonomics at huge discount only at http://www.uread.com/book/freakonomics/9780141019017




วันพฤหัสบดีที่ 4 กรกฎาคม พ.ศ. 2556

Book Review - Refuse To Choose By Barbara Sher

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AppId is over the quota

Have you always wondered why you get bored easily, never stick to anything for long periods of time, quickly lose interest in things or change your mind about what you want to do and end up doing nothing? Good news: according to Barbara Sher's book you might just be a 'scanner'.

Summary

Barbara Sher brings us closer to a type of person who, just as described above, doesn't follow the traditional 'find out what you want, get a career and follow it with might and passion for the rest of your life' scheme.

More in details

The subtitle of this book is 'A Revolutionary Programme for Doing All That You Love' and alludes to the fact that scanners often find themselves arguing about not being able to choose one thing and stick with it. Barbara suggests otherwise: Refuse to choose.

The author identifies seven types of scanners, divided into two groups: cyclical scanners and sequential scanners. The first 3 belong to the cyclical scanners:
Double Agent: These are people who have fantasies of being two people, one who does the right thing and another who is free to live their dreams.Sybil: This is someone who has many areas of interest and they return to these over and over but rarely finish anything.Plate Spinner: They are energized by having many things going on at the same time, they love solving problems but all of this leaves little time for any of their own projects.

The cyclical scanners know what their interests are, unlike the sequential scanners who always discover a completely new interest. The following six types belong to the sequential scanners:
Serial Specialist: They often excel at whatever field they are in, commit completely but then, often when on top of their game, quit and start something new.Serial Master: For these people, interests come and go, but the love of mastery always stays. Once they have mastered something, they go looking for a new project.Jack-of-all-Trades: Jacks enjoy learning for its own sake. They are usually not passionate about any one career but the love of learning something new and helping people.Wanderer: This is someone who loves random experiences and allow themselves to move toward whatever looks attractive and interesting.Sampler: These people look for a special kind of richness in their lives and find that there are very few ways to fill it.High-Speed Indecisive: They are maybe the most misunderstood of all Scanners as the get pulled away to something new sooner than any other, but not because they lost interest, rather because they see something more fascinating.

Besides the in-depth description of the different types of scanners, Barbara also shares many valuable tools and techniques that will make scanners lives easier.

About the author

Beside being an author of six self-help books Barbara Sher is also a motivational speaker, workshop leader, business owner and has collected much experience working as a counselor, working with many scanners. In addition to that she has appeared both on national and local radio and television, including shows like Oprah, Today, 60 Minutes and Good Morning America. She lives in New York City.

Recommendation

This is a great book if you feel that you might be a scanner, have lived your life wondering: Why is it that everyone finds their passion but I can't seem to find it, start and stop many projects or never finish anything?

In my work with clients I have found it extremely valuable to assist people in finding their freedom and passion through the realization that they achieve by reading this book.

Want to know more? Have a look at my blog.

Nathalie Himmelrich is the founder of 'Reach for the Sky Therapy' on Sydney's Northern Beaches and specialises in 'relationship related issues'. She is working with individuals and couples using techniques ranging from Counselling, Neuro Linguistic Programming to Journey Therapy. She supports clients in their personal growth in a supportive and professional environment.

Visit my website: http://www.reachforthesky.com.au/ or visit my blog: http://reachforthesky.wordpress.com/ and sign up for our newsletter today.