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Can we learn to make smarter choices? Listen in as host Katy Milkman--behavioral scientist, Wharton professor, and author of How to Change--shares stories of high-stakes decisions and what research reveals they can teach us. Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics to help you improve your judgment and change for good.
Season 1 of Choiceology was hosted by Dan Heath, bestselling author of Made to Stick and Switch.
Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options. (0321-1S88)
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The Superforecasters: With Guests Leon Panetta, Peter Bergen & Barbara Mellers (Rebroadcast)
This is a special feature from the Choiceology archives. Right now, prediction markets, pollsters, and data analysts are working overtime. But predicting the future—especially in high-stakes environments—is notoriously hard. Most of us igno
The Invisible Rules of Time: Language and Behavior (With Keith Chen)
Think about the habits that define your day-to-day life—how you manage your money, look after your health, or tackle your to-do list. You might assume they reflect your personality or upbringing. But what if they’re actually shaped by the l
Better Off Later: Our Preference for Improving Sequences (With George Loewenstein)
Across all kinds of decisions—from our salaries to our weekend plans—we tend to prefer options that progressively get better, if given the choice. Why is it that our minds place such a high premium on an upward trajectory? In this episode o
The Disclosure Dilemma: Oversharing (With Leslie John)
We've been taught that oversharing is a major social sin. We cringe at the thought of unloading emotional baggage on a stranger or admitting a flaw to our boss. So most of us default to silence. But what if not sharing is the bigger mistake
The Commuter's Paradox: Why We Misjudge Social Connection (With Nick Epley)
Are your instincts talking you out of your own happiness? Every day, we make split-second decisions to avoid the people around us. We put in our earbuds on the train, stare at our phones, and assume the stranger next to us prefers to be lef
The Hardest Promises to Break: Peer Accountability (With Angela Duckworth)
How did small index cards help a high school football team pull off a legendary 151-game winning streak? And what can a 1960s Queens housewife teach us about sticking to our goals? In this episode of Choiceology (https://www.schwab.com/lear
Coming Soon: A New Season of Choiceology
What happens to our judgment when we measure our success against others? How might the language we speak shape the way we save money and make health decisions? And why are our expectations about connecting with other people so often wrong?
A Depth of Trust
Teamwork is an essential part of everyday life, at work, school, and home. But what allows some teams to thrive under intense pressure while others buckle? In this episode of Choiceology with Katy Milkman (https://www.katymilkman.com/), we
Death by Dashboard
From stocks to fitness to video games, real-time performance data is available everywhere these days. Seeing desirable upward trends feels amazing. But when there's a drop, it can feel like the world is ending. In this episode of Choiceolog
A Comedy of Economic Errors
Imagine you're cleaning out your grandmother's attic when you notice a floorboard that doesn't quite sit right. You pry it up—and find $10,000 hidden beneath it. It's a startling discovery, but also a window into another way of thinking abo
The Illusion of Number One
Ranked lists are everywhere—top hospitals, best colleges, must-visit cities. A single number can influence what we notice, what we value, and the decisions we make. Yet behind these rankings are hidden assumptions, and they don't always ref
When Sunk Costs Take Flight
Have you ever bought a pair of shoes that never really fit, but you kept wearing them in hopes you’d break them in? All because you didn’t want to feel your money had gone to waste—even as you felt blisters forming? In this episode of Choic
The Algorithm Advantage
Every day, we face choices that could change outcomes in business, health, or life itself. Increasingly, computers are offering guidance. What happens when that advice clashes with human intuition? In this episode of Choiceology with Katy M
Coming Soon: A New Season of Choiceology
It's a new season of Choiceology, an original podcast from Charles Schwab. Each episode tells true stories involving high-stakes moments and explores the latest research to help you make better judgments and avoid costly mistakes. This seas
Playing the Long Game: The Power of Self-Control
As a special addition to this week's episode, you can see Katy's full sit-down interview with Angela Duckworth, where they also explore the relationship between self-control and grit. • Watch or listen to their conversation on YouTube (http
Bonus: A Sit Down With Katy Milkman & Angela Duckworth
In this bonus addition of Choiceology, Katy Milkman (http://www.katherinemilkman.com/) sits down with psychologist and Grit (https://angeladuckworth.com/grit-book/) author Dr. Angela Duckworth (https://angeladuckworth.com/), a leading exper
How Mindset Shapes Success
Most of us label ourselves early on as academic (or not), athletic (or not), or talented (or not). But even if you feel like you're lacking in natural talent or ability in certain areas, approaching new skills or challenges with openness, e
Why Starting Over Hurts
If you've ever gotten well into a project—maybe a DIY renovation—and then realized that you've taken the wrong approach, you probably know that it's very tempting to just stay the course. Starting all over again would be so painful, even if
Teamwork That Works: What Great Teams Have in Common
What makes an effective team? Talent? Skill? Discipline? In this episode of Choiceology with Katy Milkman (http://www.katherinemilkman.com/), we're looking at some of the more surprising ingredients of successful teams, according to science
When It Feels Like Everyone's Watching
We've all been there. Maybe you fumbled a line in a presentation. Or tripped on a shoelace. Or suffered a bad hair day. It can feel like the whole world is watching you—and judging you—in those embarrassing moments. But are people paying as
How a Single Source of Information Can Seem Like Several
You've probably been in situations where multiple friends recommend the same product. It must be great, if everyone is talking about it, right? But then you find out that those friends had all just seen the same product on a popular TV show
Coming Soon: A New Season of Choiceology
It's a new season of Choiceology, an original podcast from Charles Schwab. New episodes arrive every two weeks, so please follow us in your favorite podcasting app. Important Disclosures The comments, views, and opinions expressed in the po
Little Bits of Happiness: With Guests Sally Millington & Ellen Evers
Were you the kind of kid who devoured all your Halloween candy in one sitting—or savored it daily until, somehow, it was Easter? And when it comes to bad news, do you prefer it all at once or with some time in between? Turns out, the way we
Cents & Sensibility: With Guests Melina Palmer & Devin Pope
Would you pay more for a car with 29,999 miles than one with 30,000? The answer should be no—it's a negligible difference, after all—but research shows that people often do pay more than they should for cars that are just short of certain o
Hooked on Streaks: With Guests Chloë Hamilton & Jackie Silverman
Streaks have long been logged in the world of sports. And for tracking habits, like daily writing. But now apps encourage us to keep streaks going for just about anything. Messaging friends, learning new languages, meditating, exercising, y
Obstacle Illusions: With Guests Daniella McCahey & Tom Gilovich
First-born children tend to believe that their parents were harder on them than their siblings are willing to grant. Football fans take disproportionate note of the challenging games on their team's schedules. We're wired to interpret our c
The Reality Trap: With Guests Ken Adelman & Julia Minson
Is it ever possible to see the world objectively, as it is? Turn on the news, open social media, engage with that family member at Thanksgiving, and it appears to some the answer is yes. But what if our biggest blind spot is thinking we don
A Numbers Game: With Guests Linda Chang & Stephen M. Colbert
Workplaces often rely on numerical ratings for performance reviews. Election debates focus on poll numbers and approval ratings. Your watch counts your steps in a day. Numbers increasingly influence our decisions. In this episode of Choiceo
Coming Soon: A New Season of Choiceology
It’s a new season of Choiceology, an original podcast from Charles Schwab. New episodes arrive every two weeks, so please follow us in your favorite podcasting app. Important Disclosures The comments, views, and opinions expressed in the pr
A Hero's Journey: With Guests Ethan Gilsdorf, David Fajgenbaum & Kurt Gray
Luke Skywalker, Frodo Baggins, Katniss Everdeen, the main characters of many great stories, they all have one thing in common: the shape of their journey. From answering the call to adventure, to undergoing tests of character and strengths,
