Issue 25 - 04 | Getting Out of Embed: The Role of Social Context in Decision Making
By Michael Mauboussin Published Aug. 4, 2006 4:23 a.m.

Decision making is an inherently social exercise. Here, Michael Mauboussin details three shocking psychological studies that reveal just how another’s action or opinion can profoundly change your own.

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About Michael Mauboussin | Mauboussin is chief investment strategist at Legg Mason Capital Management and an adjunct professor at Columbia Business School. He is the author of More Than You Know: Finding Financial Wisdom in Unconventional Places (Columbia University Press, 2006) and (with Alfred Rappaport) of Expectations Investing: Reading Stock Prices for Better Returns.

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