Description
A groundbreaking framework for making better decisions by understanding - and mastering - confidence. What does our desire for certainty and control have to do with our decision-making? According to behavioral economics pioneer Peter Atwater, the answer is simple: everything. In The Confidence Map, Atwater explores the hidden role of confidence in the choices we make, and why events described as being unprecedented are often entirely predictable--if we know what to look for. Using compelling stories from the past and present, Atwater shows readers how to apply the same tools he teaches the world's leading institutional investors, corporations, and policymakers to help them make sense of complex situations and optimize strategy. You will learn:
- How psychological distance consistently affects the choices we make
- Why "Me-Here-Now" decision-making is such a powerful force
- What happens at confidence peaks that leads to our downfall
- The five ways we respond to extreme vulnerability
- When consumers' feelings of certainty and control - not price - drive demand The Confidence Map is a book about why we do what we do, where we can and cannot trust our natural instincts, and how we can make sense of a world that too often feels senseless. Whether you're investing in technology stocks, designing menu items for a fast-food franchise, or running an emergency room, Atwater offers an all-weather guide to avoid psychological traps, spot opportunities, and navigate the road ahead with clarity and purpose.
Author: Peter Atwater
Publisher: Portfolio
Published: 07/25/2023
Pages: 336
Binding Type: Hardcover
Weight: 1.20lbs
Size: 9.39h x 6.36w x 1.16d
ISBN13: 9780593539552
ISBN10: 0593539559
BISAC Categories:
- Business & Economics | Decision Making & Problem Solving
- Business & Economics | Economics | Social & Behavioral
- Business & Economics | Leadership
- How psychological distance consistently affects the choices we make
- Why "Me-Here-Now" decision-making is such a powerful force
- What happens at confidence peaks that leads to our downfall
- The five ways we respond to extreme vulnerability
- When consumers' feelings of certainty and control - not price - drive demand The Confidence Map is a book about why we do what we do, where we can and cannot trust our natural instincts, and how we can make sense of a world that too often feels senseless. Whether you're investing in technology stocks, designing menu items for a fast-food franchise, or running an emergency room, Atwater offers an all-weather guide to avoid psychological traps, spot opportunities, and navigate the road ahead with clarity and purpose.
Author: Peter Atwater
Publisher: Portfolio
Published: 07/25/2023
Pages: 336
Binding Type: Hardcover
Weight: 1.20lbs
Size: 9.39h x 6.36w x 1.16d
ISBN13: 9780593539552
ISBN10: 0593539559
BISAC Categories:
- Business & Economics | Decision Making & Problem Solving
- Business & Economics | Economics | Social & Behavioral
- Business & Economics | Leadership
About the Author
PETER ATWATER is an Adjunct Professor of Economics at William and Mary, and President of Financial Insyghts, a consulting firm that advises institutional investors, FORTUNE 500 executives, and global policymakers on how social mood affects decision making, the economy, and the markets. A pioneer in securitization and a long-time financial services executive, Peter's work on social mood and decision-making has been featured in The Socionomist, Time Magazine, and The Financial Times.