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	<title>Pieter Peach &#187; choice</title>
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		<title>Its all relative</title>
		<link>http://www.ppeach.com/blog/2008/10/its-all-relative/</link>
		<comments>http://www.ppeach.com/blog/2008/10/its-all-relative/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 07:56:01 +0000</pubDate>
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				<category><![CDATA[General]]></category>
		<category><![CDATA[choice]]></category>
		<category><![CDATA[cognitive bias]]></category>

		<guid isPermaLink="false">http://www.ppeach.com/blog/?p=151</guid>
		<description><![CDATA[Dan Ariely has pointed to the power of relativity when it comes choosing and experiencing those choices.  Satisfaction with a meal, a job, a car, is often relative not only to what others around us are experiencing, but is also dependent on how the event is presented at the time when we choose.   A [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.predictablyirrational.com/?p=281&amp;date=1"><img class="size-medium wp-image-150 alignright" src="http://www.ppeach.com/blog/wp-content/uploads/2008/09/picture-24-300x163.png" alt="" width="273" height="148" /></a></p>
<p><a href="http://www.predictablyirrational.com/" target="_blank">Dan Ariely</a> has pointed to the <a href="http://www.predictablyirrational.com/?p=281" target="_blank">power of relativity</a> when it comes choosing and experiencing those choices.  Satisfaction with a meal, a job, a car, is often relative not only to what others around us are experiencing, but is also dependent on how the event is presented at the time when we choose.   A small plate under a sandwich not only makes the sandwich seem bigger, but you will also &#8220;feel&#8221; more satisfied after eating it.</p>
<p>I remember recently hearing the story of an web entrepreneur who chose to drive around in a prius because it was the best hybrid in its class.  He could have chosen the Porsche Boxster  (The &#8220;poor man&#8217;s Porsche&#8221;) for a similar cost, but he claimed he&#8217;d feel like he was always on the bottom rung of the Porsche ladder.  Fair enough.</p>
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