The Lucky Loonie: With Guests Peter Jordan, Trent Evans & Don Moore
Choiceology with Katy Milkman
Charles Schwab
4.7 • 1.5K Ratings
🗓️ 9 September 2019
⏱️ 33 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | This probably happens to you from time to time. |
| 0:15.0 | You're in a rush, but the elevator you're on is taking longer than you'd like to get going. |
| 0:21.0 | So you press the closed door button to help speed things along. |
| 0:25.0 | Finally. |
| 0:29.0 | Except that most modern elevator functions are automated, |
| 0:32.0 | and it's pretty likely that the closed |
| 0:34.2 | door button isn't even connected to anything. |
| 0:37.0 | And yet pressing that button makes you feel like you've accelerated the process just |
| 0:40.9 | a little bit. Why is that? And if the closed-door buttons aren't |
| 0:46.0 | functional, why are they even there? |
| 0:50.1 | On this episode of Troisology, we're looking at the way people tend to overestimate, |
| 0:54.4 | and also sometimes underestimate, their ability to influence uncertain events. |
| 0:59.6 | Everything from elevators to simple board games to international sports rivalries. I'm Katie Milkman and this is Choiceology, an original podcast from Charles Schwab. |
| 1:20.0 | It's a show about the psychology and economics behind the decisions people make. |
| 1:24.6 | We bring you true stories involving high stakes choices, and then we explore the latest research |
| 1:29.5 | in behavioral science to help you avoid costly mistakes and reach your goals. I would say I was best at Zamboni in if that's a word that was pretty good. |
| 1:51.6 | I could drive that two-ton machine pretty well. |
| 1:55.0 | This is Peter. |
| 1:56.0 | I'm Peter Jordan. |
| 1:57.0 | Peter hosted a TV show for seven years called It's a Living. |
| 2:01.0 | Each episode he would try several different jobs, often with hilarious results. |
| 2:06.0 | I think we worked out that over the course of seven years I did 586 different jobs. |
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