Chapter
The Psychology of Positional Status
1:23:53 - 1:30:06 (06:12)
The way we assess our own appearance and value in relation to others is often tied to our need for social status, or what economists call 'positional goods', as seen in research demonstrating people's preference for lower pay with higher rank within their social group, and individuals' harsher view of their own appearance in comparison to others.
Clips
Research shows that individuals, particularly women, tend to be harsher on their own appearance than objective observers.
1:23:53 - 1:26:29 (02:36)
Summary
Research shows that individuals, particularly women, tend to be harsher on their own appearance than objective observers. Studies have been conducted to evaluate people's perceptions of their own pictures, and people tend to choose a picture that is 20% more attractive than their real picture.
ChapterThe Psychology of Positional Status
Episode#292 - Rob Henderson - Signalling: Why You Do The Things You Do
PodcastModern Wisdom
The speaker discusses how utilizing the anchoring bias in dating can increase a person's chances of getting laid if they go out with someone similar but slightly more unattractive than them.
1:26:29 - 1:27:55 (01:26)
Summary
The speaker discusses how utilizing the anchoring bias in dating can increase a person's chances of getting laid if they go out with someone similar but slightly more unattractive than them. He also explains that this bias only works if the two people being compared have some similarities in appearance.
ChapterThe Psychology of Positional Status
Episode#292 - Rob Henderson - Signalling: Why You Do The Things You Do
PodcastModern Wisdom
Economists have found that people would rather make less money but have higher relative income compared to those around them, rather than make more money but have lower relative income.
1:27:55 - 1:30:06 (02:10)
Summary
Economists have found that people would rather make less money but have higher relative income compared to those around them, rather than make more money but have lower relative income. This can be attributed to social status and the allure of positional goods.