Thursday, October 28, 2010

Irrational Thoughts

If I were a leader and I had to explain my irrational actions because they made sound sense to me, I would give distinctive reasons as to why my decisions were the right ones and why. I have to prove myself as a confident leader, one that has earned my subordinates trust - trust that they have placed in me to make the right choices, whether irrational or not. Also people have a tendency to rationalize their thoughts, even if the end actions are irrational to others.

I have a good friend who once spent $150 on a collector's edition of a game, when the rest of us spent $40 on the regular version. The collector's edition just included the game's soundtrack. When we asked him why he spent so much for so little, he simply replied: "Because I can brag about it." To the rest of us it was completely irrational. He had spent more than three times than the rest of us on the same game and had gotten minimal returns, but to him, his rationality behind his irrational decision was that he could brag to us and everyone else that he got the collector's edition.

There was another instance where I went to my local used bookstore. The store had given me a weeks worth of coupons that varied in amount between 20% to 50% and the coupons were only good for certain days, for instance: Sunday and Monday was 20% off one item, Tuesday and Wednesday was 40% off one item, etc. I ended up going to that bookstore all week just to cash in on small savings and I usually ended up buying more than one item, which was completely irrational, since I went in expecting to buy only one item and saving money. Instead I spent a lot more than I had expected to and ended up going to the bookstore more times that week than I had in the last two months.

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