Predictably Irrational

Pick up a copy or let me know and you can borrow mine. Here's an excerpt from a Time Magazine review. 

"Ask people if they’d like a 15-cent Lindt truffle or a one-cent Hershey’s Kiss, and 73% buy the truffle. Drop a penny off the price of each - a 14 cent truffle or a free Hershey’s Kiss - and only 31% choose the Lindt. Is eating the chocolate you don’t really want worth saving a penny? Probably not. But in the economics of life, we often show bad judgment, like allotting too much value to things that are free. In Predictably Irrational, behavioral economist Dan Ariely goes for a fascinating romp through the science of decision-making that unmasks the ways that emotions, social norms, expectations and context lead us astray. Mixing anecdote and social-science experiment, he illustrates common problems, like the tendency to keep our options open, even when one is demonstrably better. Understanding these irrationalities, Ariely writes, is the first step in overcoming them."

Fascinating stuff, and given our current economic climate, there's no better time to get to the bottom of why we spend the way we do.