The Decoy Effect: “Relativity helps us make decisions in life.” [Excerpt]

Read this in a newsletter today, and it piqued my interest:

According to psychologist Daniel Ariely, someone is given a choice between two vacations — a week in either Paris and Rome at the same price with free breakfast each day — where they are equally likely to choose either one. Then further suppose that a third choice is added — Rome at the same price without free breakfast — then that same person will become much more likely to select the option of Rome with the free breakfast. 

Some business reading – strategy [Article]

Popular VC Fred Wilson (him of Union Square Ventures who funded Twitter & Tumblr etc) clarifies what strategy means, and has a few suggested readings to go with it. If you are interested in business, make www.avc.com one site to read – not just the posts but the discussions that follow. Not for the faint-hearted.

When work disappears – What do we do with people whose livelihoods are destroyed? [Article]

Megan McArdle worries about the not-so-distant days when work starts to disappear:

 In much of the industrial world, it seems to be increasingly difficult for people to earn a decent living without a fairly elite set of skills–or an elite set of credentials that mimic skills, like a BA in English Literature from an Ivy League institution. The ability to earn a decent living, either yourself or as part of a family, is one of the basic criteria for a decent life.

What do you do now that you always should have done? [Article]

David writes this, & it echoed strongly with me, after some recent events in my own life

Everyone has had the experience of making a change in their behavior that gave them an immediate and lasting advantage over the rest of their lives. We’ve all know what it’s like to make a simple change that is so clearly better than the old way that we wonder how it took us so long.

Airlifting performance [Video]

What do you do when your plane is on the tarmac, delayed for three hours? When a group from The Philadelphia Orchestra found itself delayed on the tarmac for three hours waiting for their flight from Beijing to Macao as part of the 2013 Residency & Fortieth Anniversary Tour of China, a quartet of musicians decided to provide a “pop up” performance for the passengers.