Friday, November 22, 2013

Fridays Angels: links of the week 22|11|13

The latest attempt at a recurring feature in this journal.

Friday's Angels will hopefully be one post every Friday with a handful of links of interest from around the web this week.

This week here's three favourites.

Squat the…?
As an entertaining and rewarding nudge to promote exercise (in the context of the 2014 Winter Olympics in Sochi, Russia) OlympicChanges installed a very special ticket machine at a Moscow subway station.
Instead of accepting money as payment, the ticket machine only accepted exercise.
Riders receive a free ticket by standing in front of the machine’s camera, and performing 30 squats or lunges.


Sharing fast and slow?
The psychological connection between how we think and how we spread news on social media.
What drives sharing? It’s a mix of attention, emotion, and reaction. Here’s hard data on which news stories took off and which didn’t on social.
Obviously 'Fast and Slow' is a riff on Daniel Kahneman's thinking, and most of the points in this article refer directly to some of those key concepts.

read Sharing Fast and Slow


How to protect yourself from 'prediction addiction'.
I always say 'never make predictions'.
Particularly about the future.
We can't stop second–guessing what's coming next. Our need to gaze into the entrails of the markets – what Jason Zweig, the behavioural finance expert, calls our "prediction addiction" – is hard-wired into our brains.
But the one really predictable thing about our forecasts is that most of them will turn out to be wrong.

read Prediction Addiction

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