Chapter

Managing Pain and Memories
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1:02:04 - 1:07:40 (05:36)

The way we remember a pain is conscious of how the pain ends. Adding a positive finishing experience can improve the memory of the entire experience.

Clips
The host shares his experience on how to build habits without relying on discipline by using an app called Habit Share, which allows users to compete with each other and keep each other accountable.
1:02:04 - 1:02:51 (00:46)
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Habits
Summary

The host shares his experience on how to build habits without relying on discipline by using an app called Habit Share, which allows users to compete with each other and keep each other accountable.

Chapter
Managing Pain and Memories
Episode
#095 - George MacGill - Mental Models 102 - The Decision Strikes Back
Podcast
Modern Wisdom
The concept of anchoring suggests that first impressions matter and when someone posits a price to you, you make everything else relative to that.
1:02:51 - 1:03:39 (00:48)
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Behavioral Economics
Summary

The concept of anchoring suggests that first impressions matter and when someone posits a price to you, you make everything else relative to that. An example of anchoring from the economist's pricing strategy is provided where three subscription options were provided and the option with the highest price was used as an anchor, leading to higher sales in the lower-priced options.

Chapter
Managing Pain and Memories
Episode
#095 - George MacGill - Mental Models 102 - The Decision Strikes Back
Podcast
Modern Wisdom
Memories can have a significant impact on pain perception, as seen in studies where patients reported lower levels of pain despite objective measures showing otherwise.
1:03:39 - 1:07:40 (04:00)
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Pain Management
Summary

Memories can have a significant impact on pain perception, as seen in studies where patients reported lower levels of pain despite objective measures showing otherwise. By creating positive memories, we can better manage pain in the present and future.

Chapter
Managing Pain and Memories
Episode
#095 - George MacGill - Mental Models 102 - The Decision Strikes Back
Podcast
Modern Wisdom